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oblio04/03/20250 repliesview on HN

> There are those in the States who want to devalue the dollar as a pathway to greater industrialization and domestic productive capacity. The idea is to make the US labor force competitive with the rest of the world.

> Problem is, reigning in wages for labor after decades of encouraging rampant consumerism and being in the middle of a cost-of-living crisis especially for housing seems like a political earthquake in the making.

My guess those people are fine with basically converting most of the American labor force into indentured servants but normally politicians wouldn't go for it. Trump probably assumes he is immune to any reaction, let's see.