this post was submitted on 13 Mar 2025
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Economics

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Is Trump crashing the economy in order to devalue the $USD? (lemmy.today)
submitted 1 week ago by goofus@lemmy.today to c/economics@lemmy.world
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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?

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[–] shortwavesurfer@lemmy.zip 2 points 1 week ago

Of course they will.