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Just saw this, but American consumers are more sensitive to import prices than export, because consumers generally do not directly receive the proceeds of expor
by pyromine 10y ago
Just saw this, but American consumers are more sensitive to import prices than export, because consumers generally do not directly receive the proceeds of exports.
Net-net, it'd be hard to say what happens long term in the economy because that has a lot to do with long-term changes in the macro environment, if economic growth remains strong consumers will continue to make out better, if the strong dollar ultimate hurts the economy (and that isn't impossible), a weakening economy hurts consumers more than the stronger dollar.