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It's a matter of perspective, for the US administration, that 11% drop is reason for celebration. Their goal is to make American blue collar manufacturing jobs
by WarmWash 10mo ago
It's a matter of perspective, for the US administration, that 11% drop is reason for celebration.
Their goal is to make American blue collar manufacturing jobs viable again, and part of the plan is to make it cheaper for other countries to buy their goods.
It's not the first time the dollar has been intentionally devalued.
- gizzlon 10mo ago> Their goal is to make American blue collar manufacturing jobs viable again, It's one of many stated reasons. What the real reasons are is not really important IMO. But my money would be on something much more sinister and selfish