President Trump is doing major damage to his presidency. And no, this opinion piece is not about tariffs. Much more economically damaging than tariffs is a falling currency. Gold is at all-time highs, meaning the dollar is at all-time lows.
Those closest to President Trump owe him blunt talk about the dollar. This means Scott Bessent, Larry Kudlow, and other economic advisers not Stephen Miran and Peter Navarro must tell Trump what he doesn’t want to hear: on the dollar’s present course he risks going the failed economic route of presidents with names like Richard Nixon, Jimmy Carter, and George W. Bush.
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