Could someone with billions of dollars of personal wealth exert enough influence on the dollar to drive it down after buying positions in the international marketplace betting on the dollar to go down?
There is such a person who placed such a bet on European currencies in a successful bid to cause their value to go down. He made more billions by manipulating that currency. Now, he is betting that he can elect his own politicians and he’s succeeding so far.
>>Could someone with billions of dollars of personal wealth exert enough influence on the dollar to drive it down after buying positions in the international marketplace betting on the dollar to go down?
Not enough to make a difference. $4T of currency is traded every day.