2 ms·
The US economy pumps assets and dumps exports, yes. However, weakening the dollar would dump assets and pump exports. That's the opposite of what the US has bee
by smallmancontrov 2y ago
The US economy pumps assets and dumps exports, yes. However, weakening the dollar would dump assets and pump exports. That's the opposite of what the US has been up to for the last 50 years and it's the opposite of what the US is up to today. Your understanding of macroeconomics needs work.
Hint: if your analysis does not involve US counterparties, it can only ever be correct by accident.