I’m not sure it would make the dollar stronger... What’s amazing to me is that most tax amounts are calculated over ten years. This is touted as a “one-off” charge... maybe it would be pro-rated over ten years, and that wasn’t made clear, but if it were all at once, it would certainly distort all sorts of things.
Fundamentally the dollar should get stronger.Corps. will have to buy billions (maybe trillions) of dollars in a fairly short amount of time. Any experts on the board please advise.