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In short, a strong dollar is bad for business, but good for the consumer. Also, considering how bad the US economy has been, having a strong dollar means there
by at-fates-hands 10y ago
In short, a strong dollar is bad for business, but good for the consumer.
Also, considering how bad the US economy has been, having a strong dollar means there's a whole bunch of other places that are doing worse then we are, which is pretty eye opening.
Seems the global economy as a whole is incredibly weak right now.
- sumanthvepa 10y agoPerhaps you may want to clarify that a strong dollar is bad for US businesses and good for the US consumer. It would be the reverse for non-US entities. i.e. it would be bad for non-US consumers and good for non-US businesses.