All I hear on FR is whining about cheap foreign goods. You mean expensive foreign goods are worse?
No, I mean (and believe me I am often wrong) inflation hits our domestic economy cause rates go up (Carter 20%), housing crashes, gas is $5 a gallon, etc
I am not a doom and gloomer by any means, but you asked what was bad about dropping dollar value and i am just pointing out some things that come to mind.
Generally, we are resourceful and find a way out of these things, but they do happen from time to time and the upcoming band of traitors are inherently bad for us, so will probably screw up money almost right away.