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DXY index - often what these news reports use when talking about the dollars decline is ~97 today—still stronger than the ~90 it finished 2014 at and almost the
by patrickhogan1 1y ago
DXY index - often what these news reports use when talking about the dollars decline is ~97 today—still stronger than the ~90 it finished 2014 at and almost the same as 2018.
Ask yourself, did you panic during these years? Mostly no. These were pretty good years.
- black_puppydog 1y agothat index grew significantly in both those years...
- patrickhogan1 1y agoVolatility is normal - the main point is the index was lower than it is today (meaning we had a weaker dollar than this blog post is referring to as problematic) and the result wasn’t chaos - the economy grew.