Is it a good strategy to devalue the #Dollar? #Trump
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Tough question. Probably they have plans on what would replace the dollar once it gets devalued. I'm not sure what the replacement will be at this point in time.
They have a plan?
But i think this could be a bad plan for the people, even for those who voted for Trump.
It will, definitely. And the saddest part is it will also have ripple effects across the globe. Probably also more unintended consequences that they initially expected.
Depends pn your goals I guess. Lowers the debt pressure, but also makes your people poorer by devaluing their savings
And a weak currency is not really good for an economy.
Strong currency normally corresponds with strong economy.
MAGA? MASA?
Also depends on what you mean. China has bet heavily to keep its currency weak compare to the dollar
China is still an export country.
USA is importing. If the dollor goes down, they will be importing inflation.
We will see in the next months, years how it is going.
I believe it is good idea to push for more adoption for cryptocurrency instead .