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To: faithhopecharity

The weaker dollar makes American goods and services more and more attractive. The more dollars we get, the more it goes up. And there is the pendulum effect of how the dollar works.
The worst thing for an economy, is an excessively strong currency.


34 posted on 01/17/2018 4:32:12 PM PST by Professional
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To: Professional

well, on the other hand a collapsing currency is also death to an economy

what helps is a stable currency, imho

so that long-term savings and investment...and planning...
can all proceed successfully

and so the currency can function as a reliable store-house of value.....one of a currency’s most important functions

and so it does not become a seriously- distorting influence on economic decision taking

economic decisions are best that are not forced or coerced into what are, in actuality, uneconomic alternatives


38 posted on 01/17/2018 4:35:50 PM PST by faithhopecharity (“Politicians aren’t born, they’re excreted.” -Marcus Tillius Cicero (3 BCE))
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