alt Hacker NewsTrump has been devaluing the dollar quite rapidly. Give it time. The US will become a like developing nation in no time.
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direwolf20 • yesterday at 11:20 PM
The US is, and always has been, a developing nation. What sets it apart from all other developing nations is that it controls the de facto world currency, making it a very wealthy developing nation. All of the cultural factors are closer to a third world country, but the wealth is first world, more like Russia than like western Europe.
Canada's policy is to keep the CAD cheaper than USD. No matter how fast USA goes, Bank of Canada can keep up.