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Comment on Warren Buffett compares US Fed to a hedge fundparent

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Why does it matter if the dollar is devalued? A less valuable dollar makes American goods cheaper, and foreign goods more expensive. People in other countries would rather pay for cheap American things, than something made in their home country. That money goes directly to the pockets of Americans.

If the dollar is strong, then Americans will buy more goods made in other countries. So when Americans travel around, they will buy more things in those other countries. That money goes directly to the pockets of other countries.

Is that in the best interest of the American people?

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