Devaluing a currency is a well known strategy to boost exports. But it might also be useful to reduce imports and build up a local economy. I am wondering if anyone has heard of any discussion of plans to manipulate the future value of the $USD? Will the government print money to reduce the cost of its debt?
https://archive.md/20250207003823/https://www.bloomberg.com/news/articles/2025-02-06/bessent-says-strong-dollar-policy-remains-intact-under-trump
When the dollar is strong, other currencies are weak by definition. What he say makes no sense. These guys don’t have a clue about economics.