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I’ll take the pain. End the globalization no matter the cost. We will recover.
I’m no expert but it seems to me that the US dollar would appreciate in value rather than lose value if it had been managed by people with a brain who cared/care about American prosperity. My dad bought our family home in 1954 for around $12,000. My daughter bought a used car two months ago that cost a little over $12,000. Many people were gradually priced out of buying a home beginning in the mid 1970s. Today not only are people priced out of buying a home in a decent area but many are also priced out of buying a used car. My first cost $300. Today a $3,000 used car is generally a high-mileage piece of junk.