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It's worth remembering that the theatre's dependence on corporate sponsorship exists only because of the radical devaluation of the arts in contemporary American culture a devaluation that was heartlessly reinforced in Trump's budget.
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Surprising foreign exchange markets, neighboring Argentina proposed a radical monetary treaty with the U.S. to adopt the dollar and eliminate all risk of a devaluation like Brazil's.
In his own defense, Mr. von NotHaus testified about a "philanthropic mission" to combat devaluation with a currency based on precious metals and asserted that he was not involved in "a radical armed offense against the government or their money".
I do doubt that the country will succeed without resorting to more radical policy measures, such as bigger doses of fiscal stimulus, further interest-rate cuts, corporate-debt restructurings, and a significant devaluation of the currency.
Devaluation of the franc.
This isn't devaluation.
"Sure, there was devaluation.
Meanwhile, devaluation would fuel inflation.
"Devaluation would be unimaginable chaos.
They need a currency devaluation.
So devaluation risked financial chaos.
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