Phil Magness challenged the claim that the dollar’s reserve-currency role is a “resource curse” that keeps goods too cheap, using a debate over $22 burritos to highlight the dispute. He has argued tariffs and deficit spending are bigger drivers of U.S. inflation.
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Phil Magness challenged the claim that the dollar’s reserve-currency role is a “resource curse” that keeps goods too cheap, using a debate over $22 burritos to highlight the dispute. He has argued tariffs and deficit spending are bigger drivers of U.S. inflati
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