A question from Yahoo! Answers:
If the dollar crashes, as Warren Buffet thinks it will, What effect will it have on the poor and middle class?
Next to none. It crashed in 1985-87, remember? And very few people even noticed…
The value of U.S. imports is about 15% of GDP, the value of exports, about 10%. So if the dollar crashed, 15% of the economy would be affected (somewhat) adversely, while 10% will be affected (somewhat) favorably…