There are no benefits to be had from a weak dollar. None. To suggest there are is the equivalent of saying a basketball player benefits from a shrinking inch and foot that will make him taller in shorter feet and inches. Reality always intrudes.
What's true about length is true about money precisely because money is nothing more than a measure. Keep the previous truth in mind as economists and confused Trump administration officials like Steven Miran (Chairman of Trump's Council of Economic Advisors, plus Fed official) claim that a weak dollar makes U.S. exports more competitive. Utter nonsense.
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