/biz/ - Business & Finance

Anonymous Sun Jan 10 14:57:46 2021 No.25791051 [View]
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>>25790803
Yes, but it would also bring manufacturing and production back stateside, since overseas Japan, China, Taiwan, Korea, Saudi Arabia, Qatar, UAE, et al wouldn't readily accept the dollar anymore. If the decades long glut in wages is corrected and meaningful work returns to US workers long term there won't be unhappiness.
>>25790867
We would also start living within our means.

It would hurt for a while, definitely. I've always said we needed a soft landing for when the USD is no longer the reserve currency. It would be a net positive in the long run, I believe

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