Lucrezia Reichlin, a former director of research at the European Central Bank, is Professor of Economics at the London Business School.
Trump’s aggressive trade tactics could undermine the very thing he seeks to protect: the dollar’s global dominance. As tariffs clash with financial realities, alternatives to the greenback may gain ground. Could cryptocurrencies offer a lifeline, or will Trump’s unilateral approach backfire, echoing Nixon’s historic monetary gamble?
Lucrezia Reichlin
February 3, 2025 at 5:26 AM IST