Japan, circa 1946 until today (compared to pre-ww2 values). China, circa 1990 until today.
Is it "conservative?"
Yes, in the sense that it is Nationalistic to subsidize your exports and penalize the imports of comeptitor nations.
>>> In a global economy, your competitor nations are going to manipulate your currency if your own government leaves it alone. There is no conservative option; only the option to attack. <<<
You avoided answering a direct question again.
If you call devaluing the savings of all Americans and raising prices on all goods an attack on competitor nations, I'd like to see what a retreat would look like.
If you are advocating a continuous round of competitive currency devaluations, then I ask again...Is this a conservative policy? How do you know when one nation wins? Where is a historical example of a competitive currency devaluation bringing prosperity?
Japan, circa 1946 until today (compared to pre-ww2 values). China, circa 1990 until today.
Is it "conservative?"
Yes, in the sense that it is Nationalistic to subsidize your exports and penalize the imports of comeptitor nations.