Who Is the Most Dangerous Man in America... And Why Could He Destroy Your Retirement?

Stansberry Research's new documentary is raising alarm bells for investors...

It exposes a radical economic plan unfolding in Washington... one that could "reset" the U.S. dollar's value and upend global markets. (Watch "The Most Dangerous Man in America" here, if you haven't already.)

This plan centers on deliberately devaluing the dollar to rebalance the economy, a move that could slash the dollar's purchasing power by 30%-40% and torpedo the portfolios of those unprepared.

Thirty-year stock market veteran Dan Ferris, senior analyst at Stansberry Research, says that the little-known architect behind the scheme – a 41-year-old economist with sweeping new powers in the White House – may be "the most dangerous man in America."

Here, we'll break down the documentary's biggest ideas and help investors understand what a potential "dollar reset" means for their portfolios.

If you're a curious investor who watched or heard about this documentary and want clarity on its claims – about a coming "Mar-a-Lago Accord," a dollar devaluation, or terms like the Triffin Dilemma – this guide is for you.

We'll cover the key points in plain language, provide historical context from Bretton Woods to the Plaza Accord, and discuss how to protect or even profit from this looming possibility...

Five Key Ideas from The Most Dangerous Man in America

1. A planned "dollar reset" – The documentary reveals a deliberate plan by U.S. policymakers to devalue the U.S. dollar's value by up to 40% in the coming years.

This dramatic step is aimed at resetting the global economic order... but would likely severely erode Americans' cash savings and buying power if it comes to pass.

2. Dr. Stephen Miran – The titular "most dangerous man" is identified as Dr. Stephen Miran, a 41-year-old Harvard-trained economist now wielding significant influence in Washington.

Recently appointed as Chair of the White House Council of Economic Advisers, Miran has authored a secretive 41-page blueprint for U.S. trade and monetary policy...

In it, he argues the U.S. must drastically weaken the dollar to fix economic imbalances. Though unknown to most Americans, Miran's behind-the-scenes influence on President Trump's team is why Dan Ferris calls him "the most dangerous man in America".

3. The "Mar-a-Lago Accord" – The film warns that a new international currency deal may be on the horizon, informally dubbed the "Mar-a-Lago Accord."

Named after Trump's Florida resort, and mirroring how the 1985 Plaza Accord got its name from New York's Plaza Hotel, this would be a coordinated agreement to devalue the dollar. While not yet official, signs point to such a deal emerging soon – possibly this year.

The goal: make U.S. exports cheaper, shrink trade deficits, and relieve America's debt burden by engineering a weaker dollar.

4. Why devalue? Trade imbalances and the Triffin Dilemma – At the heart of Miran's plan is a recognition of the Triffin Dilemma, a structural contradiction in a dollar-dominated global economy.

Because the U.S. dollar is the world's reserve currency, America must supply the world with dollars by running large deficits... that is, buying more from abroad than it sells. Over decades, this has overvalued the dollar and hollowed out U.S. manufacturing.

Miran and Trump's team believe a controlled devaluation would correct these imbalances – bringing factories and jobs back to the U.S. – even though it means sacrificing the dollar's strength and Wall Street's short-term interests.

5. Historical precedent – The documentary shows that dramatic dollar resets have happened before by design...

Two major examples are given: the Bretton Woods Agreement in 1944 and the Plaza Accord in 1985. In the latter case, the U.S. and key allies secretly agreed to weaken the "super-charged" dollar – resulting in around a 40% dollar decline over the next two years. These precedents prove that U.S. presidents can and have engineered major currency devaluations when economic circumstances demanded it.

The current potential plan, a "Mar-a-Lago Accord," is portrayed as a modern sequel to those historic deals.

If the dollar is intentionally devalued, the implications for investors are massive. The film warns of "economic dynamite"... Stocks could face violent drops, and dollar-based assets like cash or U.S. bonds would lose significant real value.

Indeed, Ferris notes the dollar has already been quietly weakening for over two years. The urgency in the narrative is clear: investors sitting on too much cash or overpriced U.S. stocks risk severe losses, while those who prepare could protect or even grow their wealth.

In short, the documentary implores viewers to take the prospect of a dollar reset seriously – and to take action before an accord is struck and markets "reprice" overnight.

On this page, we'll explore each of these ideas in depth – starting with the big picture context that gave rise to this extraordinary plan.

Why a Dollar Reset Now?

The "Most Dangerous Man" documentary sets the stage by focusing on President Donald Trump's return to the White House and his aggressive economic agenda focused on "Main Street over Wall Street."

His new Treasury Secretary, former hedge-fund manager Scott Bessent, bluntly stated that for the next four years, "it's Main Street's turn" – signaling a shift away from policies that purely prop up financial markets. Trump's team appears willing to tolerate short-term market pain if it boosts U.S. manufacturing and jobs in the long run.

This marks a big-picture pivot in U.S. policy...

The U.S. dollar has been strong for years. And by late 2024, the dollar's value had reached multidecade highs. A strong dollar makes imports cheap for Americans but makes U.S. exports expensive abroad – widening the trade deficit and costing American jobs.

The documentary argues that this dollar overvaluation is unsustainable, echoing what Stephen Miran wrote in his 2024 economic blueprint: "persistent dollar overvaluation... prevents the balancing of international trade." In other words, the high dollar is a root cause of America's trade imbalances and industrial decline.

The context is not just domestic politic... it's global.

Since World War II, the dollar-centric system from Bretton Woods onward has required the U.S. to provide the world with dollars, effectively subsidizing global trade and defense. This arrangement benefits other countries, who get a stable currency for trade and U.S.-funded security, but at the cost of mounting U.S. debt and deindustrialization – the essence of the Triffin Dilemma.

By 2025, America faces record-high national debt and decades of trade deficits, fueling political demand to "rebalance" the system. Even U.S. allies have been slow to adjust their own policies, leaving the U.S. carrying a disproportionate burden.

This global imbalance has reached a breaking point, the film suggests...

Crucially, the documentary points out that Trump's officials have been unusually candid about their intentions. In mid-2025, Treasury Secretary Bessent publicly hinted, "we are going to have to have some kind of a grand global economic reordering, something on the equivalent of a new Bretton Woods."

This kind of clear language from a Treasury Secretary is remarkable – essentially telegraphing that a new international monetary accord is on the table. Likewise, Stephen Miran's policy paper circulated in late 2024 lays out, step by step, how to restructure trade and currency policy... and so far, the administration has been following it practically "from Day 1," according to Stansberry's Dan Ferris.

Early moves like new tariffs on imports, pressure on NATO allies to spend more, and efforts to weaken the dollar have not been ad-hoc – they're part of a scripted blueprint.

All these factors create a sense of urgency in the narrative...

The U.S. government, under Trump and guided by Miran, is essentially "juggling economic dynamite" in an attempt to reset the rules of global trade in America's favor.

• If they succeed, it could usher in a new era where U.S. factories hum again and debts shrink in real terms.

• But if they miscalculate, the risks are immense: a loss of confidence in the dollar, runaway inflation, or a market crash.

For investors, the big picture takeaway is that we are likely on the cusp of a deliberate dollar devaluation, something not seen in decades...

It's not a conspiracy theory or random guess; it's openly hinted at by officials and grounded in a real economic strategy. This looming "Mar-a-Lago Accord" is why the documentary exists – to warn average investors that the financial world as we know it could soon change dramatically.

In the sections that follow, we will break down the five core ideas in this narrative so you can navigate the potential dollar reset ahead.

Key Idea 1 –

The Hidden Architect: Stephen Miran's Radical Plan

At the center of "The Most Dangerous Man in America" is the man behind the dollar reset plan.

The documentary pulls back the curtain on his identity, credentials, and influence, painting the picture of a "hidden architect" of U.S. economic policy who until now stayed out of the spotlight.

In brief, Dr. Stephen Miran is a 41-year-old economist with a sterling pedigree and unconventional ideas. He earned his Ph.D. in economics from Harvard University and worked in both finance and policy circles. Before entering government, Miran was a senior strategist at Hudson Bay Capital Management and an adjunct fellow at the Manhattan Institute, a free-market think tank.  Miran also had a stint as a senior advisor at the U.S. Treasury Department during Trump's first term, where he worked on markets and international affairs.

This mix of academia, Wall Street, and policy gives him a rare perspective on global economics...

And by early 2025, President Trump nominated Stephen Miran to chair the Council of Economic Advisers ("CEA") – a position that, while advisory, put Miran at the elbow of the president on all economic matters. The Senate confirmed his appointment quietly, granting him "sweeping powers," as the film describes, to shape economic strategy.

In addition, the documentary's provocative "Most Dangerous Man" title comes from Dan Ferris' assessment that Miran's ideas, if implemented, pose a grave threat to unprepared investors.

Miran is "no simpering bureaucrat," Dan Ferris narrates – "he's a revolutionary" with a plan to "reset" the monetary system. This plan is spelled out in a document Miran authored in November 2024, titled "A User's Guide to Restructuring the Global Trading System."

Ferris actually holds up a printed copy on camera, emphasizing that while it's publicly available in Washington, "the chances that you have seen or read it are slim." In other words, Miran's blueprint is hiding in plain sight.

(Watch the full documentary here.)

Miran's "User's Guide" explicitly argues that the U.S. dollar is overvalued and needs to fall...

On page 1, Miran writes that as the global economy grows, the burden on the U.S. grows too, and "the manufacturing and tradable sectors bear the brunt of the costs." Translation: supporting the dollar's reserve status has come at the cost of U.S. industry.

Thus, a major theme in Miran's plan is that America must engineer a weaker dollar to correct this imbalance.

Unlike many academic economists, Miran embraces tariffs and managed trade as legitimate tools. The film notes that Miran's playbook essentially guided Trump's early moves – such as imposing new tariffs on imports from China and others. Miran's view, echoed in an April 2025 RealClearMarkets article, is that tariffs, used strategically, can be "noninflationary and revenue-generating."

By putting tariffs on countries that undervalue their currencies or run big surpluses against the U.S., America can pressure them to adjust.

During Trump's first term, for example, tariffs on China did not cause U.S. consumer prices to spike, because China's currency fell and absorbed much of the impact. Miran cites this to argue tariffs can force other nations to share the burden of adjustment, rather than the U.S. always accumulating debt.

Ultimately, Miran's recommendations point toward a coordinated global agreement – what has been nicknamed the "Mar-a-Lago Accord."

The film explains that Miran's manifesto, along with public hints, suggest a gathering of world leaders to realign currencies, much like the Plaza meeting in 1985, is the intended endgame. By acting in concert with major economies, the U.S. could devalue the dollar in a controlled way without causing chaos or sparking a currency war... in theory.

Miran's plan emphasizes rules-based adjustments: for instance, tying tariff levels or trade deals to whether partner countries let their currencies strengthen versus the dollar. The idea is to systematically reduce the dollar's value against other currencies until trade balances improve.

It's important to underscore that Miran operates largely behind the scenes. The documentary stresses that "not one American in a thousand" knows his name, and President Trump never publicly mentions Miran in speeches or interviews. This intentional low profile arguably makes him more effective – he's not a political lightning rod like, say, a Federal Reserve chair would be. Instead, Miran has been quietly at work in the Eisenhower Executive Office Building next to the White House since March 2025, guiding policy teams through his blueprint.

Stansberry's Dan Ferris conveys both respect and alarm about Miran...

On one hand, Miran is described as "one of the most powerful economists in the country" now, and even mainstream outlets have begun crediting him as the "hidden mastermind" behind Trump's economic decisions.

On the other hand, following Miran's roadmap means "juggling dynamite"... because if the dollar reset goes wrong, it could trigger a financial explosion.

The "danger" in Miran being "the most dangerous man" is not that he intends harm... It's that his radical solution involves massive risks.

By the documentary's account, Miran himself acknowledges uncertainties. He reportedly ends his own paper by conceding that success is not guaranteed – a rare admission for a policy architect. This humility doesn't comfort investors much, however, since it means even the plan's creator knows he's playing with high stakes.

In summary, Stephen Miran is the intellectual driver of a bold effort to reset the dollar's value and overhaul global trading rules. His plan has the ear of the President and the buy-in of key officials. For example, Treasury's Bessent is said to be "100% on board with Miran's plan".

For investors, Miran's rise from obscurity to power is a signal: the U.S. government is embarking on a very different economic path – one that could dramatically affect currency values, trade, and by extension, the stock and bond markets. Knowing who Miran is and what he wants to do is the first step in understanding the changes that may be coming.

Key Idea 2 –

The 'Mar-a-Lago Accord': A New Plaza Accord for the Dollar

The idea of a "Mar-a-Lago Accord" has been buzzing in policy circles and is a centerpiece of the documentary's narrative...

The Mar-a-Lago Accord is essentially a shorthand for a potential international agreement to jointly devalue the U.S. dollar. It's directly inspired by the Plaza Accord of 1985, when the U.S., Japan, West Germany, France, and the U.K. struck a deal to weaken the dollar (more on that in the historical section).

In today's context, the idea would be to gather key economic powers – likely including the U.S., European Union, Japan, U.K., and perhaps China – to agree on steps to reduce the dollar's exchange rate versus other major currencies.

The documentary explains the name:

The name is partly tongue-in-cheek, but it underscores Trump's personal involvement. In fact, during his first term, Trump often mused about the advantages of a weaker dollar and even accused other countries of currency manipulation. With Miran's influence, those musings have solidified into a strategy.

Based on Miran's writings and officials' hints, we can infer a few likely components of this deal:

First, the group may aim for a specific magnitude of dollar decline. The Plaza Accord led to roughly a 30% to 40% drop in the dollar's value over two years.

Ferris' research implies a Mar-a-Lago Accord could seek a similar scale, or roughly a third chopped off the dollar's current value if history repeats.

Of course, for an orderly devaluation, other countries must cooperate. In 1985, it was the G5 nations. Today, you would need at least the G7, and ideally China too, given its economic size.

Why would other countries agree to strengthen their currencies against the dollar? Possibly to avert trade wars or to address their own inflation. After all, a stronger yen or euro makes imports cheaper for those countries.

The film notes that allies might be enticed by provisions that rebalance trade. For example, Europe and Japan in the '80s went along because the dollar's extreme strength was harming them with inflation.

In 2025, similarly, nations might agree if it promises more stable trade relations ahead. However, the documentary also warns that many countries "will fight tooth and nail" against a weaker dollar because they benefit from the status quo... for example, export-driven economies like Germany, Japan, or China enjoy having a strong dollar.

In addition, unlike the one-off Plaza deal, Miran and Bessent have floated the idea of a rules-based system to manage currency values and trade balances. This could mean setting up triggers or formulas – for instance, if the U.S. trade deficit hits X%, partners agree to let their currencies rise by Y%.

It's speculative, but Ferris notes the emphasis is on a structured reordering rather than an ad hoc intervention.

Bessent's quote about something "equivalent of a new Bretton Woods" hints at a systemic change, perhaps an updated version of fixed exchange rates or coordinated interventions. Bretton Woods created fixed currency pegs in 1944... The new accord might not go that far, but it could impose coordination where little exists now.

Finally, one outcome of devaluing the dollar is that U.S. debts would shrink in real terms. The U.S. owes trillions of dollars to both domestic and foreign creditors. If the dollar's value drops 30%, effectively those debts are 30% "cheaper" to pay off in real terms, because dollars are worth less.

This is a classic motive for currency devaluation historically: inflate away debt burdens.

The film implies this benefit by noting a weaker dollar could help "ease the U.S. debt burden." Indeed, the U.S. government has an incentive to tacitly support higher inflation or a weaker currency when debt is at record highs – it's an alternative to default or austerity. A coordinated accord gives political cover to do this under the guise of a global realignment.

It's worth noting the name "Mar-a-Lago Accord" is an informal moniker – the actual agreement (if it happens) might be called something else entirely. It serves as a handy reference to the concept of "Plaza Accord 2.0."

The documentary adopts it to make the point that history is rhyming... Once again a U.S. administration is pursuing a globally coordinated dollar decline, except this time the backdrop is Palm Beach 2025 instead of New York 1985.

So how likely is all this? Well, Ferris says his research led to "one clear conclusion – we'll likely see a Mar-a-Lago Accord emerge... this year."

That's a strong statement...

As evidence, he cites the alignment of Trump's actions with Miran's plan and the public remarks of officials. For example, by mid-2025 the administration had already put tariffs on multiple countries, jawboned the Fed for looser policy, and hinted at international summits on currency. There were also media reports discussing the possibility of a new currency agreement being in the works.

All this implies the pieces are being put in place.

However, the film also acknowledges potential obstacles... Other nations might resist, global corporations might lobby against it, and there's a risk of triggering instability before an accord is signed.

Still, the existence of Miran's detailed playbook and the urgency of Trump's team indicate that the train has left the station. Even if the exact "accord" isn't formally announced, the U.S. is effectively pursuing policies to devalue the dollar already.

For investors, the Mar-a-Lago Accord is essentially code for "big dollar drop ahead." It means one should position for a weaker dollar environment. That has many implications: certain assets (like gold, foreign stocks) would likely surge, while others (U.S. cash, some domestic sectors) would lag or lose purchasing power.

But first, to truly grasp why this strategy is being pursued, one must understand the Triffin Dilemma and the U.S. dollar's unique role in the world today...

Key Idea 3 –

The Triffin Dilemma: Why the Dollar's Dominance Is a Problem

One of the most educational parts of the documentary is its explanation of the Triffin Dilemma. This is an economic concept that many investors may not be familiar with, but it lies at the heart of why the U.S. might want to devalue its own currency.

Simply put, the Triffin Dilemma is the paradox that arises when a national currency like the U.S. dollar is also the world's primary reserve currency.

The Triffin Dilemma is named after economist Robert Triffin, who in 1960 warned that the Bretton Woods monetary system had a fundamental flaw...

Under Bretton Woods after World War II, the dollar was pegged to gold and other countries pegged their currencies to the dollar. To supply the growing world economy with dollars for trade and reserves, the U.S. had to run current account deficits – essentially sending dollars abroad by buying more from the world than it sold.

Triffin pointed out that over time, this would undermine confidence in the dollar's value since the U.S. would be running up debts and liabilities to foreigners to provide those dollars.

He was prescient: By 1971, the U.S. could no longer back dollars with gold and ended the ability to convert dollars into gold, effectively collapsing Bretton Woods.

Even after gold backing ended, the dollar remained the world's reserve currency. In fact, its use expanded. The documentary gives striking examples: oil, gold, and nearly all commodities are priced in dollars... most international loans and trades are conducted in dollars... and about 60% of global central bank reserves are held in dollars.

So how do non-Americans get dollars? By either selling goods to the U.S. (imports), or by borrowing/receiving investments from the U.S. (capital flows). Both require the U.S. to keep dollars flowing outwards, which in practice means persistent U.S. trade deficits and increasing U.S. debt.

The Triffin Dilemma in the current context is essentially this: to serve the world's need for liquidity, the U.S. must run deficits indefinitely... But those very deficits weaken the U.S. economy over time.

It's a catch-22. And as the documentary succinctly puts it, "we're hurting ourselves to help the world stay afloat."

Even if you didn't already know about the Triffin Dilemma, you've probably seen its effects across our nation...

Hollowing Out of America: When the U.S. runs large trade deficits, it imports far more than it exports. This leads to factory closures and job losses in industries that can't compete with cheaper imports.

Over decades, America's industrial base shrank as the middle class gets hollowed out... while countries like China, Germany, Japan amassed surpluses. A strong dollar exacerbates this because it makes foreign goods even cheaper and U.S. goods relatively expensive.

Massive National Debts: In turn, the dollars sent overseas don't vanish – foreign nations recycle them by buying U.S. assets, often U.S. Treasury bonds (debt) or stocks. The documentary notes that Treasurys have become "America's top export" in a way.

Countries like China, Japan, and others lend money to the U.S. by purchasing Treasury bonds with the dollars they earned from trade. This finances U.S. government deficits but also means the U.S. accumulates massive external debt.

As of 2025, U.S. debt is at a record high of more than $36 trillion... or more than $100,000 per American citizen.

An Overvalued Dollar: Since everyone needs dollars, there is a constant demand that props up the dollar's value.

Foreign central banks hold dollars in reserves, investors view it as a safe haven, and global trade creates inherent demand. This can make the dollar "inflexibly high" (Miran's term) relative to where it would be if just domestic factors set its value.

A persistently high dollar, while good for American consumers in the short run, means U.S. producers are at a disadvantage internationally. Miran and others argue this has prevented normal adjustments...

In a typical country, large trade deficits would cause its currency to fall, making its goods cheaper abroad and correcting the imbalance. But the U.S. as issuer of the reserve currency doesn't experience that automatic correction as easily. As a result, imbalances can pile up for decades.

Financial Bubbles: One subtle point the film makes is that all those excess dollars the world earns often come back into U.S. financial markets, inflating asset prices.

For example, foreign investors and banks reinvest dollar reserves into U.S. stocks and real estate. This influx of capital contributed to the huge bull markets. The documentary cites how the "Magnificent Seven tech stocks soared to a combined value of $18.4 trillion – partly fueled by global liquidity – before a recent correction.

Essentially, a world awash in dollars found a home in U.S. equities, creating a "bubble" in valuations. Miran's view is that propping up the stock market is not a priority when weighed against restoring balance to trade and employment.

Given these effects, Miran and the Trump economic team see the Triffin Dilemma as a trap that America must escape. How? By breaking the cycle of dollar overvaluation and endless deficits.

This is where devaluing the dollar comes in. A controlled devaluation would make U.S. exports more competitive, help reduce the trade deficit, and perhaps allow other countries to take on more of the burden of supplying global liquidity.

The documentary's educational segment on Triffin concludes that many countries like the current system... After all, they get to export to the U.S. and invest in safe U.S. assets.

But the U.S. now appears determined to prioritize its own industrial renewal even at the expense of the dollar's international supremacy. As Ferris notes, the administration's mantra is to "bring production back to America."

A weaker dollar is a direct way to foster that, by making American-made goods cheaper globally and imported goods pricier in the U.S., nudging consumers towards domestic products.

In sum, the Triffin Dilemma provides the intellectual justification for why the U.S. might intentionally debase its currency. It explains that the very success of the dollar as a global currency has generated unsustainable outcomes for the U.S. economy – something that must be addressed before it leads to a larger crisis, like an uncontrolled dollar collapse or protectionist backlash.

By understanding Triffin, investors can see that the push for a "dollar reset" isn't just political populism... it's rooted in a real economic problem recognized for more than 60 years.

It also explains why the U.S. might welcome a bit more inflation, why tariffs are back on the menu, and why top officials talk about a new Bretton Woods. It's all about resolving Triffin's dilemma on U.S. terms.

Next, we'll look at historical analogies – how did previous leaders handle similar issues? Enter the Plaza Accord and Bretton Woods, the case studies guiding today's strategy...

Key Idea 4 –

History Repeating: Lessons From Plaza Accord & Bretton Woods

To understand the present, "The Most Dangerous Man in America" takes us on a trip to the past...

The documentary draws clear parallels between what is happening now and two pivotal events in monetary history: the Bretton Woods Agreement of 1944 and the Plaza Accord of 1985.

Bretton Woods (1944) – Setting the Postwar Order

In July 1944, with World War II still raging, 44 Allied nations sent delegates to the Mount Washington Hotel in Bretton Woods, New Hampshire. There, they forged a new international monetary system...

The U.S. dollar was pegged to gold at $35 per ounce, and all other participating currencies were pegged to the dollar. This made the dollar "as good as gold" in international commerce.

They also created institutions like the International Monetary Fund ("IMF") and World Bank to help manage the system and provide rebuilding funds.

The result was a remapping of the world financial order, effectively making the U.S. dollar the anchor of global trade.

The current situation is an inverse of Bretton Woods, since the current administration is more interested in devaluing the dollar than upholding a gold peg, but similarly involves a sweeping reset.

However, Bretton Woods eventually collapsed in 1971 when the U.S. left the gold standard. That collapse led to floating exchange rates and, arguably, set the stage for the Triffin Dilemma issues we discussed.

Plaza Accord (1985) – The 40% Dollar Drop

If Bretton Woods created a strong dollar era, the Plaza Accord corrected a too-strong dollar four decades later.

By the mid-1980s, the U.S. dollar had soared in value thanks to robust economic growth and high interest rates under Fed Chair Paul Volcker. The dollar was so expensive that it caused a huge trade deficit for the U.S. and friction with trading partners.

In September 1985, the finance ministers of the U.S., Japan, West Germany, France, and the U.K. met in secret at New York's Plaza Hotel. They agreed to coordinate interventions to weaken the dollar – especially relative to the Japanese yen and German mark.

The impact was dramatic: the dollar's value plunged roughly 40% over the next two years.

The Plaza Accord is often cited as a successful example of international cooperation... It helped reduce trade imbalances and was done in an orderly fashion. However, it also overshot – necessitating the follow-up Louvre Accord in 1987 to stabilize the dollar after it fell "too far, too fast."

For today's context, Plaza is practically a template:

It shows that the U.S. government is willing to devalue the dollar when it's deemed too strong. Then-Treasury Secretary James Baker was a driving force in 1985, analogous to what Miran/Bessent are today.

The documentary notes that Donald Trump himself had a connection to the Plaza – he famously bought the Plaza Hotel in 1988 for $407 million, calling it "the ultimate work of art." The film uses this anecdote to tie Trump to the last great dollar deal, perhaps symbolically suggesting he wants his own legacy-making accord at his property.

Most important, Plaza was kept secret until execution, to shock markets. NPR recounts that secrecy and surprise were crucial, quoting the U.S. official responsible for the meeting that it would only work if:

Similarly, any Mar-a-Lago Accord would likely come with little warning, hence the urgency for investors to prepare in advance.

In addition, in 1985 even Japan agreed to make its yen stronger and hurt its exports because the alternative – rising protectionism and uncontrolled markets – was worse. Today, one could argue other countries might agree to a coordinated reset to avoid chaotic outcomes or trade wars.

The documentary suggests that the current plan is essentially "Plaza Accord 2.0."

In fact, one Stansberry Research article explicitly stated, "The Plaza Accord 2.0 may be coming – in the form of what some have called a 'Mar-a-Lago Accord.'" The parallels are so strong that the film overlays charts of the post-Plaza dollar plunge and warns viewers that "with a potential Mar-a-Lago Accord, this is exactly what could happen again." Seeing the historical dollar index drop of 40% drives home what's at stake.

Beyond Bretton Woods and Plaza, one could mention other monetary realignments... the Smithsonian Agreement in 1971 after Bretton Woods collapsed, or the Nixon shock ending gold convertibility. But the documentary focuses on the big two to make its point: There is precedent for intentional dollar resets, and those moves had huge economic consequences.

For instance, after the Plaza Accord, while the U.S. economy did become more competitive, there were side effects: Japan experienced a yen spike contributing to an asset bubble and later crash, and the U.S. stock market had the famous 1987 crash shortly after the Louvre Accord tried to halt the dollar's fall.

For investors, studying these historical episodes is instructive: Currency shifts of this magnitude reverberate across asset classes. After Plaza, for example, gold prices rose (as the dollar fell), foreign stock markets outperformed the U.S. for a time, and certain export sectors in the U.S. boomed (like aerospace) while import-dependent sectors struggled. If a Mar-a-Lago Accord occurs, we can expect a similar pattern: dollar down sharply, commodities and non-U.S. assets likely up, and a reshuffling of which industries win or lose.

In the next section, we examine in detail those potential winners and losers, and the broader market impact of a possible dollar devaluation. We'll address what the documentary suggests could happen to stocks, bonds, and other investments when "the big reset" hits.

Key Idea 5 –

Market Impact: Who Wins and Loses in a Dollar Devaluation

What would a 40% devaluation of the U.S. dollar actually mean for investors on the ground? This question is at the heart of why Dan Ferris and Stansberry Research produced "The Most Dangerous Man in America."

The documentary doesn't just outline the policy – it repeatedly warns of the consequences for various assets and urges viewers to adjust their portfolios accordingly.

Here's a breakdown of the anticipated market impact if a "dollar reset" scenario plays out:

1. Expect U.S. Stock Market Volatility: In the near term, a sharply weaker dollar could be very jolting for U.S. stocks.

The film cautions that the stock market, especially the biggest and most overvalued companies, could see a sudden tumble. One striking line:

If you can't stomach watching the market drop 20% in a day... or if you can't wait five years or more for it to recover... then you need to take steps to prepare an alternative.

This implies the possibility of a 1987-style crash or a protracted bear market as the market re-prices to a new reality.

After all, if the government signals it wants asset prices lower to deflate bubbles and refocus capital to industry, investors will sell U.S. stocks en masse. We already saw a "shakeout" in late 2024/early 2025 after new tariffs and policy changes – the Magnificent Seven tech stocks collectively fell from $18.4 trillion to $16 trillion in market cap.

Eventually, a weaker dollar will help U.S. exporters and companies with mainly domestic costs but foreign revenues. Think manufacturers, industrials, agriculture, materials, some tech hardware – these could become more competitive globally and see earnings rise as the currency falls.

Conversely, sectors that rely on imports or a strong dollar could be hurt... For example, discount retailers selling cheap imported goods might face higher costs and companies with dollar-denominated debt might face inflationary pressures.

The documentary hints that the era of giant growth tech stocks domination, fueled by cheap money and foreign capital inflows, may give way to an era where Main Street companies like value stocks or smaller firms that actually produce goods take the lead.

One key message from Treasury Secretary Bessent was that Wall Street's endless growth is no longer the priority – Main Street is. That signals policies will favor wages, manufacturing, and possibly tolerating lower stock prices in exchange for broader economic health.

Investors need to recognize that for decades, the "Fed put" or policy bias was to rescue markets (e.g., 2008, 2020). Now, ironically, policy might intentionally deflate them. That's a paradigm shift.

2. Expect an Erosion of Value in Cash and Bonds: If the dollar's purchasing power drops by 30% or even 40%, cash savings in the bank would effectively lose that much value in real terms.

That's frightening for retirees or anyone on a fixed dollar-denominated income. Inflation would also likely rise, reducing the real return on cash and nominal bonds.

Government bonds like Treasury securities might initially rally if the Fed supports the move. Because a weaker dollar can help pay debts, the risk of default is lower. However, if foreign buyers step back due to currency concerns, bond yields could rise (and prices fall) to entice domestic buyers.

At best, bonds would likely barely keep up with inflation... And at worst they could sell off if inflation expectations jump.

The film's scenario is particularly bad for people holding a lot of cash "on the sidelines" thinking it's safe. Those in money market funds or savings accounts would not be immune – a dollar reset is effectively a tax on cash holdings. If every dollar is worth less, only assets that adjust in price like stocks, commodities, or real property will maintain value.

3. Gold, Silver, and Commodities Will Benefit: Hard assets shine in currency devaluations.

The documentary highlights gold as an almost certain winner. Gold thrives when the dollar weakens or when investors anticipate future inflation. Already, central banks across the world have been accumulating gold at record rates in recent years, possibly in anticipation of currency volatility.

Bessent himself said in an interview before taking office: "I think we're in a long-term bull market in gold... It's my biggest position."

That was an astonishing comment from a soon-to-be Treasury Secretary, effectively betting on his own currency's decline. It underscores the point – people in power are positioning for a weaker dollar.

The documentary also features gold enthusiast Jim Rickards, who argues gold could go much, much higher. They quote Rickards saying that, by his math, gold should be $27,533 an ounce if it were to fully account for money supply growth.

Indeed, gold often jumps when the dollar falls. For example, when the dollar fell 40% from 2002-2008, gold prices quadrupled.

Silver is also mentioned as perhaps the last asset that hasn't boomed yet. Silver often lags gold, but then outperforms in late stages of a metals rally. With its dual role as precious metal and industrial metal, a global reset plus manufacturing revival could be doubly bullish for silver.

Other commodities would also benefit from a weaker dollar, since most commodities are dollar-priced. Oil, for example, tends to rise in dollar terms when the dollar falls because producers get less value per barrel if those dollars are weaker.

So investors should prepare for a broad commodity uptrend... And real assets like property would adjust to a weaker dollar through higher nominal prices over time – especially if inflation picks up.

Real estate that generates cash flow via rents may be a decent store of value, though rising interest rates could initially dampen housing. But unique assets like farmland or infrastructure that benefit from commodity inflation might gain.

4. Expect Stronger Foreign and International Assets: A dollar devaluation by definition means foreign currencies strengthen. Thus, investments denominated in foreign currencies stand to gain when translated back to dollars.

The documentary strongly recommends moving some money into international stocks and funds. Dan Ferris introduces something he calls the "Ultimate International Stock Fund."

By investing internationally, an American investor would benefit because the foreign stocks denominated in euros, yen, or another currency would be worth more in U.S. dollar terms.

5. Expect Overvalued Sectors to Suffer: On the flip side, some investments look particularly vulnerable...

The documentary singles out the overvalued tech giants – the Magnificent Seven (Apple, Amazon, Alphabet/Google, Meta/Facebook, Microsoft, Nvidia, and Tesla) – as prime candidates to "get hammered."

Even as these companies have declined from their recent peaks, their valuation remains expensive and dependent on low-interest-rate, low-inflation conditions. If inflation and interest rates creep up with a dollar reset, the high price/earnings multiples of growth tech could compress.

We already saw in 2022 how rate spikes can puncture tech stock valuations. Here, we'd have a policy-induced paradigm shift potentially doing the same on a larger scale.

Additionally, any company heavily reliant on cheap imports like big-box retailers or consumer electronics sellers could have margins squeezed as import costs rise with a weaker dollar. Airline companies might face higher fuel costs. And if the dollar drop triggers global turmoil, some financial firms could face significant write-downs.

In summary, the market impact of a deliberate dollar devaluation would be far-reaching...

Ferris has identified the relative winners (hard assets, foreign equities, exporters) and relative losers (cash, long-term bonds, overpriced U.S. growth stocks, import-dependent sectors). And his ultimate message to investors is to reallocate before the reset becomes obvious to all...

About Stansberry Research, the Firm Behind the Film

Stansberry Research is a leading American publisher of investment research and financial education.

Founded in 1999 by Porter Stansberry, it has grown into one of the largest independent investment newsletter providers in the world. It's known for its wide range of subscription-based publications, covering investment strategies and sectors. These include topics like value investing, income investing, commodities, biotech, macroeconomic analysis, and more.

The firm prides itself on independent, sometimes contrarian analysis. It is not a brokerage or fund manager... It doesn't manage or invest your money . Instead, it provides specific advice to its paid-up subscribers. That's important... It means that Stansberry's analysts only succeed by recommending opportunities and making calls that subscribers find valuable.

For instance, the company has become known for making early calls – some controversial, others prescient – like Dan Ferris warning about the 2008 crisis five months before it happened...

And he also called the Nasdaq top to the day in 2022.

Stansberry Research has a large following, its newsletters reach hundreds of thousands of subscribers in more than 100 countries.

And it does more than just newsletters. You can watch Stansberry's latest podcasts and videos on YouTube, including Dan Ferris' Investor Hour show featuring interviews with prominent investors and thinkers.

They also host conferences annually, bringing together subscribers and speakers from the financial world.

The tone of Stansberry's content is often conversational, direct, and educational with an edge. They try to simplify complex financial topics for a general audience, often through storytelling or analogies. There's also a streak of skepticism toward government assurances and Wall Street consensus.

In the context of "The Most Dangerous Man in America," Stansberry is leveraging its strengths: taking a timely topic like the potential economic shift under a new administration and explaining what it could mean for investors, while tying it into a narrative that encourages action... in this case, urging readers to safeguard their portfolios from a dollar devaluation.

Whether it's predicting a currency shake-up or finding undervalued stocks, Stansberry's goal is to stay ahead of the curve – and sometimes, as with this documentary, to sound an alarm when they see a major event on the horizon.

Who Is Dan Ferris?

"The Most Dangerous Man in America" documentary is presented by Dan Ferris, one of Stansberry Research's senior analysts.

Dan Ferris is a veteran investment analyst and newsletter editor who has been with Stansberry Research for more than two decades.

He joined Stansberry Research in 2000, and has an impressive track record of recommendations for his subscribers over the years... including a number of stocks that went on to deliver triple-digit gains.

Dan Ferris's style is characterized by caution, skepticism of hype, and a focus on "low-risk, high-reward" opportunities. He often emphasizes capital preservation and looks for what he calls "anti-bubble" investments – assets that are out-of-favor and cheap, in contrast to whatever is currently in a bubble.

For instance, in recent years he has been wary of extremely popular tech stocks and instead advocated assets like precious metals or value stocks that others were ignoring. This mindset is evident in the documentary's advice about avoiding the Mag Seven stocks and diversifying into gold and international assets.

Ferris is also the host of the Stansberry Investor Hour podcast. On this weekly show, he interviews prominent finance figures – from hedge fund managers to economists to authors. He's known for asking insightful questions and sharing his own market commentary.

In "The Most Dangerous Man in America," Dan focuses on ordinary investors' portfolios. His tone is urgent yet reasoned – reflecting his persona as the candid, no-nonsense advisor. He mentions his own journey when he was hired as Stansberry's first stock analyst 25 years ago, establishing that he's seen multiple market cycles.

When he says this dollar reset plan is the most dangerous thing he's seen, it carries weight because he tends not to be hyperbolic unless truly warranted.

Dan Ferris often references classic value investing principles, like a focus on a Benjamin Graham-style margin of safety, and also draws lessons from financial history. He's the type who will talk about 1929 or 1970s inflation in his analyses to give readers context.

In the documentary, this comes through in the sections explaining Bretton Woods, Plaza Accord, Triffin Dilemma – all educational pieces to contextualize today's events. That educational approach is very much Dan's style: Teach the reader/investor what's going on under the hood.

For example, when stocks were roaring, he was the guy reminding everyone about risk and suggesting hedges. Now that a potential crisis is at hand, he's the one saying "here's how we handle it calmly and smartly."

In essence, Dan Ferris is a trusted investment analyst known for value investing and risk management. His involvement in this documentary signals that the topic is not a mere sensational flash in the pan – it's something he genuinely believes investors should heed. Given his history of sounding alarms before (and being right, as in 2008), viewers should take his warning about the dollar seriously.

Case Study:

The Plaza Accord of 1985 – A 40% Dollar Plunge

To fully appreciate the current situation, it's illuminating to more deeply examine a historical case study around the Plaza Accord of 1985.

This event is highly relevant because it involved an intentional U.S.-led effort to devalue the dollar – and it demonstrates the scale of impact such an accord can have on currencies and markets.

Coming into 1985, the U.S. dollar had experienced a massive rise...

The Federal Reserve, under Paul Volcker, had raised interest rates sharply in the early '80s to fight inflation. By 1984-85, U.S. interest rates were far higher than those in other developed countries, attracting global capital and bidding up the dollar's value. Additionally, the U.S. was running large budget deficits under President Reagan, and coupled with relatively stronger economic growth, the capital inflows led to a "super-charged" dollar.

The problem was a growing U.S. trade deficit. American goods had become too expensive overseas due to the strong dollar, while imports into the U.S. were cheap.

Foreign products were outcompeting domestic products, and U.S. industries and workers were feeling the pain, especially the manufacturing and agriculture sectors. Meanwhile, countries like West Germany and Japan were running big trade surpluses along with suffering inflation from the strong dollar since it made dollar-denominated oil and commodities costlier.

Tensions were rising, with calls for protectionism in the U.S. Congress.

Sound familiar?

So on September 22, 1985, the finance ministers and central bank governors of the G-5 nations – the United States, Japan, West Germany, France, and the United Kingdom – held a secret meeting at the Plaza Hotel in New York.

It was orchestrated by U.S. Treasury Secretary James Baker and his deputy, Undersecretary for International Affairs David Mulford, who was a key architect. Notably, it was kept under wraps until the deed was done – secrecy was paramount to maximize the impact on markets.

At that meeting, these powers reached a landmark agreement: They announced that exchange rates were out of line and that it would be desirable for the U.S. dollar to depreciate against the major currencies. To achieve this, they coordinated intervention in currency markets – i.e., the central banks would sell U.S. dollars and buy their own currencies in a united front. The goal was to engineer a significant but orderly reduction in the dollar's value.

When markets opened the next day, the reactions were dramatic. In traders' own words, "eye-popping... a state of shock... pandemonium." The dollar's value began dropping as intended. This was exactly what the G-5 wanted – by acting together unexpectedly, they sent a clear signal to speculators: bet against the dollar, not for it.

Over the ensuing months, the dollar kept falling. From its peak in early 1985 to two years later in 1987, the U.S. dollar fell around 40% against the Japanese yen, German mark, and other major currencies.

The Plaza Accord is often cited as a success in terms of policy coordination. For example...

• The U.S. trade deficit began to improve in subsequent years, though it took time for trade volumes to adjust. U.S. exporters like Boeing (BA) and Caterpillar (CAT) got a boost as their products became relatively cheaper abroad.

• It eased international protectionist pressures. The U.S. Congress was mollified to some extent because the currency realignment achieved what tariffs might have – improving competitiveness of American goods. Meanwhile, Japan and Germany avoided more punitive trade measures by agreeing to let their currencies strengthen.

• However, the dollar's decline "worked too well," as officials later quipped. By 1987, it was falling faster than desired. The same G-5 (plus Canada) met again in February 1987 in Paris and signed the Louvre Accord, effectively calling an end to the dollar's slide and pledging to stabilize exchange rates at the new levels. The Louvre Accord marked the bottom for the dollar's decline.

• Importantly, the Plaza Accord's rapid currency moves had unintended side-effects. In Japan, the surge in the yen contributed to economic shifts – the Bank of Japan eased monetary policy to help offset the yen's rise, which contributed to a late-80s asset bubble in Japan in real estate and stocks. That bubble burst in 1990, leading to Japan's "lost decade."

• In the U.S., the stock market initially rose through 1986 as the economy adjusted, but in October 1987, the Black Monday crash occurred. While the crash had multiple causes, some analysts note that the dollar's volatility and the uncertainty around policy contributed to a fragile environment. U.S. interest rates had risen in early 1987 partly in response to concerns the dollar was too weak post-Plaza. The sudden policy shifts may have added to investor skittishness.

At the time, it was unprecedented to publicly announce target exchange rate directions. But by doing so, the Plaza Accord set a template for future coordinated currency interventions...

When big governments act together, markets pay attention. The 40% dollar move underscores that policy-driven shifts can dwarf normal market fluctuations.

Timing and secrecy are also critical. The Plaza Accord came after years of dollar strength. A new potential Mar-a-Lago Accord would likely also aim to deflate the dollar before imbalances get worse or trade wars erupt... and officials would also likely deny it until it's ready, then announce suddenly.

That means there won't likely be any neon warning signs for investors in the mainstream news... but the sheer scale of the potential dollar decline means that even if an investor thinks the chances of a new Mar-a-Lago Accord are low, it's still worth paying attention to the possibility.

Given these points, the Plaza Accord stands as both a justification and a cautionary tale for today's policymakers. It justifies that yes, a currency reset can be done deliberately. But it also cautions that once you start such a massive change, you must be prepared to manage the consequences.

The 1985 case study drives home the importance of being on the right side of a currency realignment... Those who anticipated the Plaza Accord could have shorted the dollar or bought gold and foreign assets and made a killing. Those caught off guard had to adjust quickly.

In 2025, thanks to sources like Dan Ferris in the Stansberry documentary, we have the benefit of foresight (or at least a strong warning) that a similar event may be in the offing. Thus, we can learn from Plaza and ensure we're positioned for a potentially sharp dollar move, rather than reacting after the fact.

Top 10 Questions and Answers about "The Most Dangerous Man in America"

1. Who is the "most dangerous man in America" according to the documentary?

It's referring to Dr. Stephen Miran, a 41-year-old Harvard-trained economist who recently became Chairman of the White House Council of Economic Advisers. He earned this moniker not for any criminal intent, but because he's behind a radical economic plan that could dramatically upend the financial status quo.

In Dan Ferris's words, Miran's plan to "reset" the U.S. monetary system – by devaluing the dollar – makes him extraordinarily dangerous to the unprepared investor. Most Americans don't know Miran's name, as he operates behind the scenes, but the documentary argues he's the hidden architect of policies that could hurt Americans' savings.

2. What exactly is Stephen Miran's plan for the U.S. dollar?

Miran's plan, as outlined in his November 2024 paper "A User's Guide to Restructuring the Global Trading System," is to deliberately weaken the U.S. dollar's value by a significant margin – potentially on the order of 30% to 40%. The goal is to correct what he sees as a persistent dollar overvaluation that causes trade imbalances.

Practically, this might involve coordinating with other countries (a "Mar-a-Lago Accord") to push the dollar down, as well as using tools like tariffs, currency interventions, and diplomatic pressure.

By lowering the dollar's exchange rate, U.S. exports would become cheaper abroad, imports more expensive in the U.S., which Miran believes will revive manufacturing jobs and reduce the trade deficit. In short, it's a managed "dollar reset" to rebalance the economy.

3. Why would the U.S. government want to devalue its own currency?

At first glance, it sounds counterintuitive – a strong currency is usually a point of pride. But there are compelling economic reasons.

The documentary explains it through the Triffin Dilemma and trade issues: The U.S. dollar's role as global reserve currency has kept it overvalued, which hurts U.S. exporters and encourages huge trade deficits. A weaker dollar would make American-made goods and services more competitive internationally, potentially bringing back jobs in manufacturing. It also reduces the real burden of U.S. debts since those debts are in dollars... if each dollar is worth less, effectively it's easier to pay off.

Additionally, key officials believe the current global system unfairly disadvantages the U.S. – for decades the U.S. ran deficits to supply the world with dollars, hollowing out its industry. Devaluation is a way to shift some of that burden back to other countries (their currencies would strengthen, making their goods pricier).

And of course, speaking historically, the U.S. has done this before when the dollar's strength was seen as problematic. So, in summary: to fix trade imbalances, boost domestic growth, and ease debt, the government might accept or even actively pursue a weaker dollar.

4. What is the "Mar-a-Lago Accord" mentioned in the film?

The "Mar-a-Lago Accord" is the nickname for a potential new international agreement to drive down the value of the U.S. dollar, akin to the 1985 Plaza Accord. It's named after Mar-a-Lago, Donald Trump's private club in Florida, suggesting that Trump might host or broker a deal there.

While not a formal accord yet, it refers to a series of policy signals and rumored negotiations under the Trump administration indicating that a coordinated dollar devaluation is on the agenda. The documentary suggests this could happen within 2025 and is based on recommendations from Miran's blueprint. So it's a shorthand for a planned dollar reset deal.

5. How might a 30%-40% dollar devaluation affect the average investor or retiree?

It could have a big negative impact on unprotected savings and investments. A 40% dollar devaluation means every dollar's purchasing power drops significantly – imports, oil, and anything from abroad would cost more in dollars than before.

For retirees on fixed incomes or holding lots of bonds, the real value of their income could erode. In investment portfolios, assets like U.S. stocks might initially fall. On the flip side, if you own assets that move opposite to the dollar – like gold, commodities, or foreign stocks – those could rise in dollar terms.

Day-to-day, Americans might see higher prices for gasoline, food, and consumer goods as the weaker dollar makes imports pricier. The document explicitly states retirement savings "could take just as large a hit" as the dollar's decline if one is on the wrong side of this shift.

6. Has anything like this ever happened before?

Yes – the documentary draws parallels to historical events like the Plaza Accord of 1985 and the Bretton Woods Agreement of 1944.

In 1985, major economies signed the Plaza Accord to weaken the U.S. dollar because it was extremely overvalued. The result: the dollar's exchange rate dropped roughly 40% over two years. That was a deliberate, coordinated currency reset.

Going further back, in 1944 Bretton Woods, nations agreed to a new currency system (pegging currencies to the dollar, which was pegged to gold).

And in 1971, the U.S. itself "reset" the dollar by ending the gold standard, which led to a devaluation. That is, the dollar fell versus gold and other currencies after the peg was removed.

So, engineered changes in the dollar's value have precedent and that's why investors should heed the lessons of those past events.

7. What is the Triffin Dilemma and why is it relevant here?

The Triffin Dilemma is a concept named after economist Robert Triffin, which highlights a conflict of interest inherent in having a national currency serve as the world's reserve currency.

In simple terms: for the global economy to have enough dollar liquidity, the U.S. has to run trade deficits (ship dollars abroad) and increase its liabilities to foreigners. Over time, this leads to the U.S. piling up debt and losing gold/wealth, undermining confidence in that currency.

In today's context, it explains why the U.S. has such huge trade deficits and debt – other countries need dollars for trade and reserves, so the U.S. supplies them by buying imports and issuing Treasury securities.

This benefits the world with a stable reserve currency, but it has created a crisis for America, as the documentary says: the U.S. saw its manufacturing base erode and debts explode, while the dollar stayed stronger than it otherwise would because of global demand.

The Triffin Dilemma is central to Miran's thinking – he essentially argues that the U.S. can no longer bear the costs of being the world's reserve currency issuer. It's why he and others feel a dollar devaluation is necessary. By making the dollar less dominant, it might force other countries to share more of the burden and help rebalance trade.

8. When could this dollar reset or "Mar-a-Lago Accord" happen?

The documentary suggests it could be imminent – likely within the year. Dan Ferris notes that all the pieces are lining up right now: a new administration with the motive and personnel to do it, and initial steps already taken with tariffs and policy shifts.

Of course, exact timing isn't certain – it depends on negotiations and global conditions. It could occur during a major economic summit like a G20 meeting or a special conference.

There's also a possibility that instead of one dramatic announcement, it could unfold in stages – but given officials' public hints, it seems they're prepping the ground now. The key takeaway: we are already in the zone where this is being set in motion, so investors should act sooner rather than later, rather than trying to time an exact announcement.

9. How are President Trump's policies tied to this plan?

Trump's economic agenda in his second term is closely aligned with Miran's blueprint. In the documentary, it's pointed out that Trump's team has been following Miran's playbook from Day 1...

• Trump has imposed new tariffs on China and other nations – Miran's plan advocates tariffs as a tool to address trade imbalances without sparking inflation. As seen with China, tariffs can be offset by currency moves.

• Trump's Treasury Secretary, Scott Bessent, has echoed Miran's ideas, talking about targeting countries that manipulate currencies or don't share defense costs with tariffs.

• The administration's rhetoric of "bringing back American manufacturing jobs" and focusing on Main Street is straight out of Miran's thesis that the U.S. sacrificed industry for global financial roles.

• Trump has also historically disliked a too-strong dollar and has been consistently for increased tariffs.

Trump's policies on tariffs, jawboning the Fed to be more dovish, and renegotiating trade deals all feed into a strategy of reducing the dollar's value and resetting trade relationships.

10. How can investors protect themselves if the dollar is intentionally devalued?

Investors can take several steps to hedge against or profit from a dollar decline. Key strategies recommended in the documentary include:

• Diversify into foreign assets and currencies: For example, allocate part of your portfolio to an international stock fund or foreign stocks so that if the dollar falls, those foreign holdings rise in dollar terms. Essentially, don't keep 100% of your wealth tied to the U.S. dollar.

• Increase exposure to gold and real assets: Gold is highlighted as an asset "almost certain" to benefit from a weak dollar. Owning physical gold, gold ETFs, or gold mining stocks can provide a hedge, as gold tends to rise when the dollar falls or inflation rises. Similarly, silver and commodities are likely to surge with a dollar reset.

• Avoid dollar-denominated bonds/cash long-term: Cash in the bank or long-term U.S. bonds will lose real value if the dollar's purchasing power drops. So, shorten the duration on bonds, consider inflation-protected bonds, or keep only needed liquidity in cash but invest the rest in assets that adjust with inflation.

• Steer clear of overvalued U.S. sectors: The film specifically warns to avoid the Magnificent Seven tech stocks and other bubble-like equities. Instead, consider value stocks, commodities producers, or sectors like industrials that could benefit from a weaker dollar through export growth.

• Hold some "chaos insurance": This could be gold, but also things like a small allocation to cryptocurrencies or other alternative assets if one is inclined, as they are outside traditional currency systems.

• Stay nimble and diversified: Dan Ferris suggests a mix of asset classes to weather turmoil. The idea is if one part of the portfolio is hit, other parts compensate. For instance, if U.S. stocks drop but you have foreign stocks and gold, those might be up, balancing it out.

In essence, make sure you don't have all your eggs in the U.S. dollar basket. And by doing so – before the dollar reset becomes front-page news – you can potentially not just protect but profit from the big shift.

Learn more about the coming dollar reset and the potential for a Mar-a-Lago Accord by watching the full documentary here.