The US dollar is 25.5% overvalued.
The strong dollar fetish makes Wall Street rich and Main Street poor. It pushes American wages down, increases the trade deficit, disrupts capital markets and hooks consumers on debt.
Solution: Market Access Charge. A precisely calibrated charge on incoming foreign capital that gently pushes the dollar towards a trade balancing equilibrium price. Adjusted up or down every six months. Transparent and predictable. IMF approved.