Ever wondered why other nations redenominate their currency but the US never considered it? Here's the thing: introducing a "new dollar" wouldn't actually make anything cheaper. Your rent, groceries, gas—all stay the same in real terms. But psychologically? Prices that look smaller might ease some of that sticker shock we've been feeling. It's less about economic substance, more about perception management. Would Americans even go for it though?
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Ever wondered why other nations redenominate their currency but the US never considered it? Here's the thing: introducing a "new dollar" wouldn't actually make anything cheaper. Your rent, groceries, gas—all stay the same in real terms. But psychologically? Prices that look smaller might ease some of that sticker shock we've been feeling. It's less about economic substance, more about perception management. Would Americans even go for it though?