They are lowering the dollar for a few reasons:
Bring back a manufacturing base.
To hurt/punish China and Euroweania.
To shore-up American agricultural dominance.
To shake the world’s reliance on the USD.
Bring back a manufacturing base.
A much, much easier way to accomplish this would be to put an end to the folly of "corporate" taxes. Corporations don't pay taxes, they collect taxes. Any tax "paid" by a corporation is simply passed along to the end user. End users always pay all taxes. Heaping a larger burden on the end user is not a way to get the economy moving, despite what the mindless DemocRats think. Another thing that should be done is eliminate the Capital Gains tax entirely. Taxing the movement of capital in a free market society is ludicrous. Look at what lowering the CG tax rate by 5% did to the economy. Next, enact meaningful tort reform so that corporations who build things don't have to worry about being sued into oblivion by ambulance chasing trail lawyers, supported by goobermint edukated bleeding heart juries. Do these things and you will bring manufacturing flooding back to America from all over the world, not just the companies that have left for greener pastures.
To hurt/punish China and Euroweania.
For what?
To shore-up American agricultural dominance.
We already feed about 65% of the planet. Why does this need shoring up? Price controls and artificial markets are what is hurting agriculture.
To shake the world’s reliance on the USD.
Why?