• vacuumflower@lemmy.sdf.org
    link
    fedilink
    English
    arrow-up
    4
    ·
    15 hours ago

    Yes. Except this works only in dynamic, that is, while USD keeps devaluing compared to much of the world’s currencies and goods, that might help exports.

    And also revitalize the economy by somewhat hurting speculative assets.

    But IRL it’s a gamble, and those who have power keep power.