this post was submitted on 09 Apr 2025
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[–] [email protected] 2 points 4 days ago

That would make the dollar plummet and instantly end the furious import market, with no need for tariffs. With a devalued currency, it would make the country appealing to install industry back, even if low value at first, to soak up the throngs of unemployed.

And the current administration would wave away ratings and anything relating to international entitities and gladly default on their creditors, to pull everyone down.

These guys are mad but their madness has a method.