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"is quite strong"...yes currently, but the decline has already begun against major currencies, e.g. JPY: http://www.xe.com/currencycharts/?from=USD&to=JPY&view=
by toephu2 10y ago
"is quite strong"...yes currently, but the decline has already begun against major currencies, e.g. JPY:
http://www.xe.com/currencycharts/?from=USD&to=JPY&view=1Y http://www.xe.com/currencycharts/?from=USD&to=JPY&view=1Y
Also checkout the dollar index:
http://www.marketwatch.com/investing/index/dxy http://www.marketwatch.com/investing/index/dxy
- rmrm 10y agoMy point is that other currencies are not static. All the world economies are jockeying to have relatively weak currencies, in order to attempt to spur inflation and ease their debt loads. It's all relative. The US is not in some particularly bad spot, certainly Japan and Europe finance ministers would trade places with ours any day of the week. We have a remarkably strong economy (and everything else, really) in comparison (which is all that matters).