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Ken Griffin Warns of US Dollar Decline Amid Trade Policy Shifts
Ken Griffin Warns of US Dollar Decline Amid Trade Policy Shifts
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Citadel CEO Ken Griffin claims the US has become "20% poorer" in four weeks due to recent tariff hikes, citing a 9% drop in the dollar’s value year-to-date. The euro’s relative strength highlights growing currency instability tied to economic policy changes.
Griffin’s remarks at the World Economy Summit underscored a bleak outlook for dollar-denominated assets. "There’s not a lot of money to be made in that environment," he stated, suggesting capital may seek alternatives during dollar weakness.
The criticism extends to political interference with monetary policy, as Griffin noted presidential attacks on Fed Chair Powell risk undermining institutional credibility. Such volatility traditionally benefits hard assets like Bitcoin and gold.
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