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Essay: The terrible track record of forecasters predicting rapid de-dollarization and/or the imminent demise of the U.S. dollar (view source)
Revision as of 22:33, October 23, 2026
, October 23n 2026, Euope's economic problems have made the Euro look weaker and raised the relative strength of the US dollar. The dollar had gained approximately 5% against the euro during 2026 and reached an 18-month high. [https://www.reuters.com/world/europe/europes-woes-give-dollar-bulls-fresh-reason-press-2026-10-08/?utm_source Europe's woes give dollar bulls fresh reason to press on], Reuters, October 2026
Please see: [https://www.cnbc.com/2025/06/02/trump-trade-deals-tariffs-treasury.html White House ‘close to the finish line’ on some trade deals, says Treasury official], CNBC, 2025 (Deputy Treasury Secretary Michael Faulkender said he expects “a lot more deals” could be announced before President Donald Trump’s 90-day tariff pause expires.)
Please see: [https://www.cnbc.com/2025/06/02/trump-trade-deals-tariffs-treasury.html White House ‘close to the finish line’ on some trade deals, says Treasury official], CNBC, 2025 (Deputy Treasury Secretary Michael Faulkender said he expects “a lot more deals” could be announced before President Donald Trump’s 90-day tariff pause expires.)
== In 2026, Euope's economic problems have made the Euro look weaker and raised the relative strength of the US dollar. The dollar had gained approximately 5% against the euro during 2026 and reached an 18-month high ==
In 2026, Euope's economic problems have made the Euro look weaker and raised the relative strength of the US dollar.
According to Reuters reporting on October 8, 2026, the dollar had gained approximately 5% against the euro during 2026 and reached an 18-month high.<ref>[https://www.reuters.com/world/europe/europes-woes-give-dollar-bulls-fresh-reason-press-2026-10-08/?utm_source Europe's woes give dollar bulls fresh reason to press on], Reuters, October 2026</ref>
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[[File:Us dollar to euro october 23 2026.png|600px|According to Reuters reporting on October 8, 2026, the dollar had gained approximately 5% against the euro during 2026 and reached an 18-month high
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In 2026, Euope's economic problems have made the Euro look weaker and raised the relative strength of the US dollar.<ref>[https://www.reuters.com/world/europe/europes-woes-give-dollar-bulls-fresh-reason-press-2026-10-08/?utm_source Europe's woes give dollar bulls fresh reason to press on], Reuters, October 2026</ref>]]
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== What is the Genius Act, and can it really cement US dollar supremacy? ==
== What is the Genius Act, and can it really cement US dollar supremacy? ==