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The US Dollar is an export. It'll be hard for our economy if we stop exporting it, but that's true of any export.
by datadrivenangel 2y ago
The US Dollar is an export.
It'll be hard for our economy if we stop exporting it, but that's true of any export.
- TrainedMonkey 2y agoU.S. dollar is reserve currency for a significant portion of the world. This means when U.S. can inject a lot higher fraction of the GPD into the economy for the same inflation cost. As a matter of fact U.S. wants some inflation to devalue high amount of debt they have - so there is an incentive to print USD.