To: Lakeside Granny
Donald J. Trump
@realDonaldTrump
· 25m
As I predicted, Jay Powell and the Federal Reserve have allowed the Dollar to get so strong, especially relative to ALL other currencies, that our manufacturers are being negatively affected. Fed Rate too high. They are their own worst enemies, they dont have a clue. Pathetic!
654 posted on
10/01/2019 8:02:19 AM PDT by
exit82
(Democrats are unfit to govern--they hate America, the Constitution and those they don't agree with.)
To: exit82
To: exit82
I never understood where the comfort level was re: dollar strength.
It would seem the dollar as the world’s reserve currency should be strong. Countries are still holding dollars.There has to be a reason.
reading this article made my head explode
https://wolfstreet.com/2019/09/30/us-dollars-status-as-global-reserve-currency-slides/
Just having zero interest can’t be the be all end all.
Back to my original question: what\where is the comfort sport and how to get there ?
667 posted on
10/01/2019 8:41:35 AM PDT by
stylin19a
(2016 - Best.Election.Of.All.Times.Ever.In.The.History.Of.Ever)
To: exit82
"Fed Rate too high. They are their own worst enemies, they dont have a clue. Pathetic!"I am so NOT understanding this. Didn't the Fed just lower them to 1.something %? All I know is MY SAVINGS account is getting nothing in interest.
786 posted on
10/01/2019 1:07:53 PM PDT by
Spunky
("Immigration is a privilege, not a right." President Donald Trump)
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