>>512375636
>i think they would like this,
I don't think there's anything more he can hope for with tariffs. Tariffs will not reindustrialise the US because importing will still be cheaper than producing domestically. Tariffs would have to be immense to make it so domestically produced goods are price competitive at retail. And then no one will afford to buy anything anyway.
The only thing which could possibly be hoped for is strengthening the USD outside the US. At the cost of accelerating inflation and decrease of living standards inside the US.
>and perhaps have tricked themselves into believing it
Neah, I thin it will work.
>but, i think a massive sell off of foreign held dollar assets
Why would that happen? Remember that everyone is capitalist so everyone is debasing their currency. So all fiat currencies are devaluing, not just the USD. So it's a question of which fiat currencies are devaluing faster than other. And net exporting countries intentionally and deliberately keep their currencies weaker than than importing countries to keep their exports competitive.
So why would anyone outside of the US want to keep hold of those other, faster depreciating fiat currencies as a form of quickly and easily spendable savings, instead of keeping hold of USD? And if someone doesn't care about their savings being quickly and easily spendable, why keep hold of any fiat currency as savings, instead of buying and holding physical silver or cryptos?
>causing the dollar to collapse is more likely
Explain the mechanism? Yeah, it's going to seem like it's collapsing inside of the US. And I expect a population exodus from the US to escape the rampant domestic price inflation. So I predict retirees and anyone capable of working remotely fleeing the US to escape the domestic inflation caused by the tariffs.
>the dollar collapsing
Describe explicitly what you mean by this.
>but i suspect he isn't thinking this far ahead
lol, only people like Jacque Fresco actually thought far ahead