this post was submitted on 15 Jul 2025
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Economics
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what is the upside for MAGA of devaluing USD?
Cheaper for the 1% to buy all of our stuff to fully become a corrupt nation of oligarchy.
Easier to pay down debts made up of worthless money (if you have money that isn't worthless). If you had €100 in November 2024, you could pay off $100 debt. Right now you only need €85 to pay off $100 debt.
American manufactured products are cheaper on the world market.
Raw resources are more expensive to import so source everything form the US
They want to destroy America because corporate centrists already destroyed their rural communities.
Stock market numbers go higher
making more money is good, but lowering the worth of your workers is another way to afford more people