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“the dollar is losing value against a basket of other international currencies at a fairly rapid pace.”
by dave4420 6y ago
“the dollar is losing value against a basket of other international currencies at a fairly rapid pace.”
- arthurcolle 6y agoRight but that is a result of stimulus, and an increasing deficit, giving people (international economic agents) less faith in the value of the dollar. Sure, these things are related to the economic effects of the pandemic, but I was trying to focus on the longer term effects of the economic relief that's being done and less about the semantics of whether we should have done stimulus to deal with the pandemic (which seems like a reasonable thing to have done).