5 ms·

The dollar's value is high. https://www.schwab.com/learn/story/will-us-dollar-be-dethroned https://www.schwab.com/learn/story/will-us-dollar-be-dethron...

• fuzzfactor 3y ago
  In comparison to what? Other currencies? Certainly not in what it will buy in the USA. Wages definitely are not driving inflation, wages will never keep up very well nor catch up. Prices will never come down, except in unusual circumstances like overblown bubbles in market-based commodities where the market controls the value more so than underlying utility.
• htss2013 3y ago
  Not domestically. If the dollar had been gaining strength, the price of everything domestically would be getting cheaper.
  • witchesindublin 3y ago
    This is what the FT noted was the paradox of the US dollar's strength. The problem comes with the fact that the US dollar being the global currency of trade, means that everything is originally priced in US dollars, so the strength or weakness of the US dollar does not change the price. Furthermore the US is somewhat self-sufficient in terms of trade in key inflation areas such as food, so the dollar is ending up hurting exporters and reducing corporates profits.
• deleted 3y ago
  [deleted]