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President Donald Trump’s $40 billion bailout plan for Argentina represents a resurrection of dollar diplomacy—a term describing the practice of using US financial power to influence foreign politics. Over the 20th century, the dollar became incre...

Dollar Cronyism

President Donald Trump’s $40 billion bailout plan for Argentina represents a resurrection of dollar diplomacy—a term describing the practice of using US financial power to influence foreign politics. Over the 20th century, the dollar became incre...