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> And now our consumption will shrink. What's this do to king dollar? Every time we consume we're exporting those little green pieces of paper, you know? Shri
by sfj 7y ago
> And now our consumption will shrink. What's this do to king dollar?
Every time we consume we're exporting those little green pieces of paper, you know?
Shrinking consumption actually props up the dollar, because we're giving out less, and the rest of the world, with dollar denominated debt and liabilities, has bills to pay.