Loading ...Its got to weaken to get trade advantage and preserve jobs ,at least until the Domestic economy improves .
Then its got to remain strong to maintain the advantage as world currency reserve ..so it can print money to buy what it needs.
ALL this means is less dependence on imports and more on domestic growth ….sounds like a plan to me….!
China needs to do the same ! having the opposite problem.! slow down domestic growth and debt financing .
US wants inflation ,China needs deflation ..”Oh the tangled web we weave,when first we practice to deceive “Shakespeare…Walter Scott…