Now .. the US problem is .. this has systematically depleted manufacturing in US .. if you can buy cheap stuff with paper why would you manufacture ..
Besides countries are putting major tarrifs on US goods .. Point in case .. 150 percent on US whiskey by India :-)
And thirdly - big corps have figured out labour arbitration.. if you can pay a cent for someone to stitch your shirt why would you pay twenty dollars in US ..
Effects are dire ..
The massive exploitation of humans in third world ..even in China and a India .. almost slave like conditions
Total hopelessness in US manufacturing belt ..
And third , the most important.. with printer going crazy , gov debt is increasing alarmingly .. and hence the rise of alternatives such as #bitcoin ..
So here we are ..
Trump is doing undoable ..
Bring manufacturing back
Stop the printer
Stop slavery around the world
Bring big corp to terms
Bring hope in US manufacturing
In doing this
He is incentivizing nations to come to zero tarrif datum .. and fix the trade deficit .. making it a true global village ..
If this means little inflation on you Costco bill .. I guess that is not much to worry about ..