On Feb 2, 2010, at 12:23 AM, Joanna wrote:
> brad writes
>
> "What is the reason that the bourgeois press is talking about the
> inevitable
> decline of the US dollar? Because it helps capital and hurts labour."
>
> How?
Because it promotes the "need" for austerity. Tighter policy would presumably boost the dollar, though if it all went down the drain, it probably wouldn't.