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Reply to "We almost (might have) lost reserve currency status"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How the hell are Fortune 500 CEOs not beating down his door? He's wrecking the USD, which is the bedrock foundation for American business dominance. Without the USD as a hegemon, US companies are weakened. [/quote] They are. We just aren't hearing about it.[/quote] Nah. Just like all of those at the highest end, F500 CEOs make out swimmingly, with their wealth well diversified and transferable. The tax cut gift will far outweigh any downside, allowing them to exit their dollar-denominated positions with extremely low tax consequences, and they'll further diversify their investments overseas with the proceeds.[/quote]
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