Probably a bit of both. We are already in the greater depression. So fuck it.
It will force companies to bring jobs back home.
It will create more self-reliance. Stop us from being dependent on other nations.
Using the stock market, a rigged carnival game, as an indicator for true economic status and stability. Is only for fools who do not know better and how things really work. All it takes is news, trading bots, and market manipulation (which happens daily) to get it all back again in less than 1 trading day.
If the intention is to devalue the dollar so that it gets replaced by something that is backed by something other than debt slavery monopoly money. This is probably the way to do it. Honestly it is a little early to see what are the true economic effects will be. So I am cautiously optimistic.