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Multinational corporations love it because it makes them more competitive with foreign goods. It helps the stock market short term, but the US population loses. Everything imported costs more and since we have become a country with a large under-employed population with runaway rents adding costs is dangerous politics. There is only one reason for a country s currency to fall and that is a drop in the perceived credit worthiness of that country. If lenders do not believe a country will pay back its obligations then its currency must.