Retards are now blaming tariffs for the great depression
(twitter.com)
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There's a third option, hyperinflation, but the USD's status as the world's reserve currency lets the US export most of its inflation.
Well, it used to, until the US weaponized the Dollar against Russia, creating a scramble to the exit by the BRICS countries.
True! I forgot that one. Justin Trudeau was using it here in Canada to pay for his progressive WEF policies: just print more money! Biden was hitting the printing press pretty hard too, so our Dollar Cdn didn't go down too much vs the US Dollar. But still.
Lowering the value of currency lowers the value of that nations stock market too. Like a slow crash, the actual value drops without that "jumping out a window" sound effect. AAAaaaa! (splat)
I can't afford bread, but look at my gainz! Diamond hands!