If you want your currency weaker, your country's economy should have a bomb.
It is even better if it is already lit.
And I think,
This is a "Chicken" game.
Yen is unreasonably strong, according to a Japanese politician, not reflecting real economy.
Swiss Franc is in a similar situation.
I think it is because people think that those governments don't ignore international cooperation easily.
On the other hand, U.S. does, just like Nixon shock.
China naturally can do anything to controls its economy.
Well, generally, pacifist can't win a chicken game.
This might mean limitation of pacifism.
The world is in danger. Don't underestimate.