re: #179 wheat-dogg

On the other hand, doesn’t a weaker dollar make imported goods more expensive for the consumer?

I confess to being an ignoramus about econ.

It could, yes, but inflation hasn’t been a real problem for decades. I think that the world has gotten so much more productive since the seventies that its difficult for inflation to take hold and the real threat to the world economy is deflationary pressure. When you think about the world of 40 years ago, a huge percentage of the world’s population, from central Germany across Eurasia to India and China, produced virtually nothing anyone wanted to buy. In the US economy AT&T had a telecom monopoly, and a lot of regulation of industries like airlines and energy were essentially price fixing, and unions had cola raises negotiated in their contracts. It was a different world economically.