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September 1, 2022, Opinion: "Some earlier big run-ups in the US currency’s value, including in the mid-1980s and the early 2000s, were eventually followed by sharp declines. But the only thing that can be said with certainty is that the period of extraordinarily quiescent major-currency exchange rates, beginning back in 2014, is now history."
Non-HKS Faculty Author Website - Kenneth Rogoff