Re:National Security Commission on Artificial Intelligence's...
by alert0 on Tuesday March 02, 2021 @02:19AM
(#26312695)
This arises naturally from the US having been the global reserve currency for so long. Other countries' debts are denominated is dollars, so they seek dollars via mercantilism. This has absolutely cannibalized our manufacturing base. There is a case for a weaker dollar and to rebuild our exports.
Is there any reason to be surprised that the US no longer manufactures the world's most sophisticated chips? Is there any political will to change strategy?