Political Quotes

JD Vance: I think in some ways you can argue that the reserve currency status is a massive subsidy to American consumers but a…

On the recordMarch 7, 2023
I think in some ways you can argue that the reserve currency status is a massive subsidy to American consumers but a massive tax on American producers.
Said by
JD Vance
Republican · Ohio

Editor's note · Context

Vance discusses the dual impact of the U.S. dollar's reserve status on consumers and producers.

Share

More from JD Vance

Dec 27, 2025

It’s simple economics. If you have fewer people, fewer illegal aliens trying to buy homes, that means American citizens are going to finally be able to afford a home again.

politico.com
Feb 17, 2026

You're not there to pop off about politics.

usatoday.com
Nov 29, 2025

I think that's one of the lessons that we learned in Virginia and New Jersey ‒ is that when Donald Trump is not on the ballot, you've got to give people something to actually believe in, something to be inspired by, to get out there and…

usatoday.com
May 27, 2026

I’m sure it will contain a lot of insights, some of which I’ll probably agree with, some of which I may not, but I think that it’s going to be a very, very important document.

foreignpolicy.com

Other voices in this conversation