Down with the Dollar! Oops!

The obvious solution to the huge US trade deficit is to devalue the dollar. That would also be in accordance with the prevailing free market dogma. However, nobody dares let that happen because everybody holds American debt, which is how the US controls so much of the world and pays for its armaments and its wars. Since 1945 the global economy has been based on the dollar, which in effect means American debt. To unwind such a lop-sided system there would have to be an almighty world-wide crisis. Perhaps that is exactly what Trump will bring about.