3 ms·
also, future of USD-value is highly uncertain, dropped 10% last year, likely to drop more if interest rates keep dropping
by trgn 9mo ago
also, future of USD-value is highly uncertain, dropped 10% last year, likely to drop more if interest rates keep dropping
- garbawarb 9mo agoThat makes the US a more compelling place for foreign capital to invest in talent though.
- stackghost 9mo agoIt makes it more attractive for FOREX trading, maybe, but economic instability (which Trump is absolutely fomenting) is anathema to investors.
- trgn 9mo agoLike your optimism
- tick_tock_tick 9mo agoI mean that's a big part of why so many people want the USA dollar to go even lower. The administration has been very explicit that they want a cheaper dollar but unlike a lot of their other polices that goal has a lot of support among economists.
- cco 9mo agoThe administration's target was an additional 20% devaluation or so by next year, they want to devalue by about 30% total