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Originally Posted by KRL
Bush's fiscal policy maxed out the RAM on the printing presses. LOL
I think in the last 5 years he's increased the money supply now to over $10 TRILLION. That's Trillion with a T.
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Yeah you're right about that. It's so bad that they changed the reporting rules and they won't tell us how much currency is in circulation anymore.
However, for decades the U.S. has been the world's biggest customer, buying up everyone else's exports while other countries barely bought any of ours.
Now with the dollar weakening that's changing, and it's more expensive for the U.S. consumer to buy imports and it's cheaper for foreigners to buy U.S. products.
What I find hilarious is all of the foreigners who somehow think this means there's something wrong with
OUR economy, when they're the ones getting the shaft on the deal.
A strong dollar is good for some things, but a weak dollar means our exports will rise and our national debt will be cheaper relatively speaking.
It won't hurt the U.S. consumer unless there's high inflation at home, which isn't happening right now.
So
to all the people who don't like it.