Quote:
Originally Posted by RawAlex
The reality is that a cheap dollar in the short run makes the US economy run, but will likely lead to inflation over time unless things stablize. It does, for the moment anyway, make the current President look like he has a good economy policy, because most people aren't savvy enough to realize that they are losing value relative to the rest of the world.
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I disagree with this. The strength or weakness of the dollar has nothing to do with the President or his policies, the money supply and inflation are controlled primarily by the federal reserve.
If the dollar is weaker yet there is no real inflation in the U.S. economy then that would lead one to believe that it's the monetary policies of the other countries that are causing their currency to rise rather than our currency to fall.