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https://www.investopedia.com/articles/forex/051415/pros-cons-strong-dollar.asp https://www.investopedia.com/articles/forex/051415/pros-cons... “ While a stron
by ianai 6y ago
https://www.investopedia.com/articles/forex/051415/pros-cons-strong-dollar.asp https://www.investopedia.com/articles/forex/051415/pros-cons...
“ While a strong dollar benefits Americans in many ways, it can also hurt domestic companies that conduct a lot of their business overseas and their investors.”
Part of why China sucked in the world’s manufacturing capacity was it held down its inflation rate by printing money to keep its currency weak for decades.
- wolfretcrap 6y agoHow do you reduce inflation by printing more money?
- ianai 6y agosorry, conversion rate with respect to other currencies
- nly 6y agoThe US-China trade deficit is only a few hundred billion, which is peanuts at this scale.
- bingbong70 6y agoIt would be more accurate to say "the US exported its own inflation to China" ... now it is time to pay the price for it since "there aint no such thing as a free lunch" or TANSTAAFL.