The consequences of a falling dollar isn't "a nasty chain reaction of consequences", it's to import less and export more, which increases employment and leads t

The consequences of a falling dollar isn't "a nasty chain reaction of consequences", it's to import less and export more, which increases employment and leads to increased tax revenue. > After Japan's savings rate hit near zero, and the people of Japan could no longer finance their government's reckless spending, they had to turn to Yen debasement to manage their debt interest problems What? Japan is notorious for struggling with deflation, not inflation.