The other factor is that the US dollar is the world's reserve currency. That status creates persistent demand for the greenback, making it difficult to properly value the currency.
Read the piece.
What happens to capital when there's no more labor to replace?
Essays on topics economics: monopolists, oligopolists, and oligarchs aren't better decision-makers for the society just because they's rich and they ain't the damn gummint.
Gutting the Civil Service will put Trump where Garfield ended up
The other factor is that the US dollar is the world's reserve currency. That status creates persistent demand for the greenback, making it difficult to properly value the currency.
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