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Another reason, possible related to all of the above: if the USD sharply declines in value for some reason, its trade deficits with many export-dependent econom
by hx87 10y ago
Another reason, possible related to all of the above: if the USD sharply declines in value for some reason, its trade deficits with many export-dependent economies (e.g. China) will also decline and perhaps even become surpluses. Those who run such economies /really/ don't want that to happen.