The dollar has already slipped against the Indian Rupee from 1USD = 46INR in January to 39INR right now, a 15% drop, and it’s still falling, all that outsourcing that seemed like a good idea will slowly become less attractive as costs rise.
I don’t see how devaluation of the dollar can help the economy,
Since we import most of our goods (and even services) from abroad, China, India, Mexico etc. the cost of those goods will escalate. If prices of goods go up consumption will decline.
