Posted 2/1/2017 12:26 (#5809437 - in reply to #5808132) Subject: RE: Why is a trade deficit a bad thing?
Wyoming
You'd see the prices of tangible commodities (oil, metals, grains, etc - ie, stuff other than little slips of paper) go upwards rapidly, as the dollar devaluates because a larger number of countries and trading entities no longer need to hold or use dollars. Ergo, the demand for dollars goes down, and so does its value.