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Devaluing the dollar would do wonders for post-tariff prices, and prop up exports. I say it in jest, but I can't spot the problem with it because I'm not an ec
by robertlagrant 2y ago
Devaluing the dollar would do wonders for post-tariff prices, and prop up exports.
I say it in jest, but I can't spot the problem with it because I'm not an economist.
- iTokio 2y agoSeveral issues: - imports will become prohibitively expensive - doing everything locally is less efficient - the dollar will lose its world currency status - then debt will become unsustainable