Trump Adviser Gets Story Confused on the Value of the Dollar Relative to Other Currencies

Washington Post economics reporter Max Ehrenfreund featured a piece highlighting former Donald Trump adviser Steven Moore's views of Trump's recent shifts on economic policy. In particular, Moore took issue with Trump's desire to see the value of the dollar fall. He argued that the dollar rose with strong economies under President Reagan and Clinton, while it was weak under Nixon, Ford, and Carter.

Actually, it is not especially accurate to claim the dollar rose under President Reagan. Using...