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Economy

bucolic_frolic

(49,557 posts)

7. Devalue the Dollar so foreigners will buy our debt and we can borrow more

Reply to Rhiannon12866 (Original post)

Sat Mar 29, 2025, 05:00 PM

Saturday

Kick the can down the road, IOW.

Meanwhile, we've done this again and again because we were the envy of the world, could buy raw materials cheaply because of high dollar valuation, people wanted to emigrate here so we got plenty of labor, and most of all because of our technological and scientific innovation.

IOW, all the reasons for our past success are being reversed and dismantled in favor of CHEAP money.

This is a recipe for weakness. Putin couldn't do it better.

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Highlight:

How Trump's economic team hopes to reset the international financial system - DW News [View all] Rhiannon12866 Saturday OP

Post removed Post removed Saturday #1

We've already given away our chance at New Energy dominance to China... Think. Again. Saturday #2

Wouldn't this lower the U.S. debt? Rhiannon12866 Saturday #3

It would lower the value of U.S. debt, AND lower the value of the dollars used to pay that debt. Think. Again. Saturday #4

Thanks! And we already know that TFG has gone bankrupt six times Rhiannon12866 Saturday #5

Seems more like a collapse than a reset. C_U_L8R Saturday #6

Devalue the Dollar so foreigners will buy our debt and we can borrow more bucolic_frolic Saturday #7