If this IS actually the plan (it makes sense) then what does it mean? Let’s consider it likely is, for the following reasons. Rickards is well connected and usually gets the broad outline correct, if not the details nor necessarily, the timeline.

What other choice does the US have right now? Given the dollar in terms of it’s value against the Euro and the other major Western currencies, has traded between 90 and 115 over the last five years, a negotiated adjustment back down to say par, would not be unreasonable and should be able to be implemented with a minimal amount of volatility and disruption.

If the western central banks work to peg the dollar close to 100, it should even provide Japan some room to manuever the yen upward gradually, without blowing up the carry trade. Of course, to allow this to take place with minimal disruption, the US has to slow down it’s deficit spending and end the Ukraine war. Lowering the level of hostility towards Russia, China and the BRICS nations would go a long way to help stabize currency fluctuations in the next few years.

Gold and silver may see a moderation in the speed of their appreciation, but the trend is still likely to be from the lower left to the upper right. https://www.zerohedge.com/markets/trumps-plan-end-currency-war-30