You haven’t answered my question. What was the lowest value of the euro compared to the dollar during that time? That is the world financial institutions speaking. Macro economics at play. Some one sees a problem with the US economy in the long term.
I’m not arguing that a short term deficit is going to crash our economy. Its the underlying problems that are going to determine our longterm down fall.
Why does it matter? Did the drop in the Euro ruin their economies?
Im not arguing that a short term deficit is going to crash our economy.
No, you said it would cause inflation. You just haven't explained how.