This came to be known as the “Triffin Dilemma,” requiring the U.S. both to juggle deficits to supply dollar liquidity for global growth while maintaining confidence in the dollar. This is a ...
He points to two guiding ideas that shape his bullish thesis: the ‘Triffin Dilemma’ and President Trump’s broader aim to restructure America’s trade dynamics. The Triffin Dilemma ...