Tariffs revamping fundamentally changes the US dollar flows of the Bretton Woods arrangement.

While that may very well prove to be a good thing to the US working class (💪), it means that we’ll be starving countries around the world of the US dollars they need to pay the US dollar denominated liabilities.

So if cash flow goes down, they’ll need to sell US dollar denominated assets to pay those liabilities.

I wonder how well that be taken in certain influential circles…

Buckle up, it’ll get bumpy.

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