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RE: DTube - Mnuchin Says Weak Dollar Is GOOD As Dollar Continues To COLLAPSE
Thanks for the macro post on the US & the dollar. Your right many an economist would say a low dollar is good for the US. That would of been true in the 70's when the US was a net exporter but now its a net importer a weaker dollar is horrific for the economy and its citizens. If the trend continues with the USD it will result in losing its reserve currency status. The wheels are in motion is just about of when.