So if it’s untenable, it means those lending money will lose some, right? Or devalue, which also means those holding cash will lose some money. Why would that

So if it’s untenable, it means those lending money will lose some, right? Or devalue, which also means those holding cash will lose some money. Why would that be so bad? If all countries decided to devalue jointly, it wouldn’t create inflation, no? Seems to me that it would iron out some inequalities...