The U.S. dollar has been declining in value since March 2020, and its decline has moved steadily through the fall e******ns and the economic policy proposals of the Biden Administration.
Dollar devaluation may cause more of your money to go toward your ARM as its interest rates outpace any pay raises you see. Dollar devaluation would also make it more expensive to obtain any new credit if interest rates continually rise.
Who cares if we have a strong dollar. A weak dolar makes exports more affordable to other countries.
pegw wrote:
Who cares if we have a strong dollar. A weak dolar makes exports more affordable to other countries.
I care because I like to eat . I care because the electric company expects me to pay the bill ,I care because babies need diapers , I care because I dont want to freeze this winter , I care because I have to pay for this biden gas to get to work ....Exports may be more affordable to other countries , I am not in any of those "other countries" . Weak dollar makes all imports more expensive . Congratulations in graduating bottom of class in economics !
I guess I should specify that the spike in early 2020 is NOT bidens approval rating
pegw wrote:
Who cares if we have a strong dollar. A weak dolar makes exports more affordable to other countries.
Then a dollar worth zero would make you jump for joy.
Pegw---How many Dollars do you make standing on the corner or is it paseos ???That will tell you how much you can eat and how big a room you can rent---Economics 101
hygrometer3 wrote:
Pegw---How many Dollars do you make standing on the corner or is it paseos ???That will tell you how much you can eat and how big a room you can rent---Economics 101
Your Spanish is incorrect along with the rest of your post. Ricon is the word for a corner in Spanish. I also recommend a economics book for you to read. Then you would be informed.
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