The very stable genius now wants to devalue the dollar, what could go wrong

[LeroyDumonde]

A devalued dollar is a subsidy to exporters and foreign consumers. The government should impose export taxes (currently unconstitutional, but that could be changed with a constitutional amendment). This would cut supply abroad and thus increase supply at home. Americans would get cheaper goods. Also, tariffs increase costs for Americans because the consumer pays the tariff. With an export tax the taxes are paid by foreigners, not Americans.