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> We do desperately need to find a way to help countries develop. Hold our currencies.

• space_fountain 5y ago
  In that the solution is to give them money? Because they doesn't seem to have worked so well either? Or do you mean that really foreign policy is just about keeping the dollar dominate
  • throwaway210222 5y ago
    It means that every midlle-clas person, and every foreign and local company in the developing world is obsessed with "getting their money out". And this rational fear is becuase our currencies continue to devalue. You did ask.
    • space_fountain 5y ago
      No that's interesting and seems possible. I'm not sure which way the causality works. I think I haven't really seen great examples of isolationism working for development, but maybe some combination of capital controls and confidence in the countries trajectory are helpful