3 ms·
The interactions are the problem. So, yes, American exports have and advantage if the dollar drops, but conversely, American importers suffer. Most American pro
by bwanab 6y ago
The interactions are the problem. So, yes, American exports have and advantage if the dollar drops, but conversely, American importers suffer. Most American products these days have a large percentage of imported parts.
Given that currently nobody can travel abroad, we don’t have to worry about travelers.
The real rub is debt and interest rates. When the dollar plummets, who wants to own dollar denominated debt? That in turn will cause interest rates to rise which will damage an already faltering economy.
It ain’t simple arithmetic.