The $USD Is Strong and Prices Are Down

Discussion in 'Politics' started by Scataphagos, Mar 20, 2020.

  1. "Strong dollar" means, Americans' money has more buying power, and prices for things are down.

    OH, THE HORROR!
     
  2. The U.S. dollar is stronger simply due to flight to quality, it is not a fundamental shift in the economics of the dollar.

    Also it makes U.S. exports way more expensive so the GDP suffers. You are basically touting the continuation of the consumer economy and are fine with continued drop in exports and reduction of GDP. Your boy Trump wants the dollar weaker to make exports cheaper to grow the economy so he can take credit for it.

    Economics 101.