[amilcarkabral]

Dollar depreciation is good you're in debt.

What happens is that foreign goods become cheaper as goods in other currencies shift from a 2:1 ratio to a 1.5:1 ratio, so what used to take two of our dollars to buy, now takes a bone-fity. Also the debt owed to foreign governments (it's held in US currency!) will depreciate as the US inflates its money, so not only will we be paying back at a lower exhcange rate, we'll have more money to pay them back with.


And we still need to make good use of these greenbacks.