You are mistaking a cause, and effect here. 40 years of "misplaced policy," were a 40 years of actually very deliberate, and well placed policy called "monetar

You are mistaking a cause, and effect here. 40 years of "misplaced policy," were a 40 years of actually very deliberate, and well placed policy called "monetary expansion." Everything to facilitate the sale of US debt around the world, probably including a conscious effort to open door to foreign creditors at the expense of US industry was taken. Chinese call this schema "You make all the work, and I make all money"