So a weak dollar is good for America??

[Penelope]

Prices on imported goods rise. Consumers must pay more for imports and foreign travelers may need to scale back a vacation because it is more expensive when the dollar is weak. However, a weak dollar also means our exports are more competitive in the global market, perhaps saving U.S. jobs in the process.Mar 21, 2017

Strong Dollar vs. Weak Dollar: What Does it Mean?

Thoughts?

 

[Toddsterpatriot]

Opinions vary........

 

[Penelope]

Opinions vary........

On what, how much money you have?

 

[Mikeoxenormous]

I told the bitch before the good and bad of a weak dollar, just typical of a liberal to forget everything that was said. No wonder their politicians get voted in time after time , even when people like Pen get fucked over and over..

 

[Toddsterpatriot]

Opinions vary........

On what, how much money you have?

On if your job benefits from exports.
On if you consume lots of imports.

 

[Penelope]

Opinions vary........

On what, how much money you have?

On if your job benefits from exports.
On if you consume lots of imports.

Imports would cost more so one needs more money.

 

[Toddsterpatriot]

Opinions vary........

On what, how much money you have?

On if your job benefits from exports.
On if you consume lots of imports.

Imports would cost more so one needs more money.

Yup. And exports would be more competitive.

 

[BlackFlag]

A weaker dollar means companies pay less to Americans for work. Why do you think Nike and others use Chinese sweatshops? Because the Yuan is worth nothing.

 

[Toddsterpatriot]

A weaker dollar means companies pay less to Americans for work. Why do you think Nike and others use Chinese sweatshops? Because the Yuan is worth nothing.

A weaker dollar means companies pay less to Americans for work.

If you're making $15 an hour, that's $15 an hour whether the dollar is weak or strong.

 

[BlackFlag]

A weaker dollar means companies pay less to Americans for work. Why do you think Nike and others use Chinese sweatshops? Because the Yuan is worth nothing.

A weaker dollar means companies pay less to Americans for work.

If you're making $15 an hour, that's $15 an hour whether the dollar is weak or strong.

Sure, if you don’t care about its worth relative to costs of products or services

 

[Toddsterpatriot]

A weaker dollar means companies pay less to Americans for work. Why do you think Nike and others use Chinese sweatshops? Because the Yuan is worth nothing.

A weaker dollar means companies pay less to Americans for work.

If you're making $15 an hour, that's $15 an hour whether the dollar is weak or strong.

Sure, if you don’t care about its worth relative to costs of products or services

I accept your admission of error.

 

[westwall]

A weaker dollar means companies pay less to Americans for work. Why do you think Nike and others use Chinese sweatshops? Because the Yuan is worth nothing.

A weaker dollar means companies pay less to Americans for work.

If you're making $15 an hour, that's $15 an hour whether the dollar is weak or strong.

Yes, but a dollar with weak buying power, sucks.

 

[BlackFlag]

A weaker dollar means companies pay less to Americans for work. Why do you think Nike and others use Chinese sweatshops? Because the Yuan is worth nothing.

A weaker dollar means companies pay less to Americans for work.

If you're making $15 an hour, that's $15 an hour whether the dollar is weak or strong.

Sure, if you don’t care about its worth relative to costs of products or services

I accept your admission of error.

Go ahead and make-believe away

 

[DrLove]

The Munchkin Lad is an idiot

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet'

• The dollar, already on a spiral lower, sank to a three-year low after Treasury Secretary Steven Mnuchin said a weaker dollar was good for U.S. trade.
• The comments depart from the strong dollar policy of Treasury secretaries before him, going back to Robert Rubin in the Clinton administration, but fit with the Trump administration's "America first" message.
• The weak dollar policy could backfire and make U.S. assets like Treasurys less appealing, and drive up the costs of foreign goods for businesses and everyday Americans.
• "They basically open this up as a one-way bet for traders, and traders will keep pushing it and keep pushing it," said one strategist.

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet'

More - Dollar hits new low

Dollar Hits New Low After Mnuchin Says Weakness Aids Trade

 

[BlackFlag]

The Munchkin Lad is an idiot

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet'

• The dollar, already on a spiral lower, sank to a three-year low after Treasury Secretary Steven Mnuchin said a weaker dollar was good for U.S. trade.
• The comments depart from the strong dollar policy of Treasury secretaries before him, going back to Robert Rubin in the Clinton administration, but fit with the Trump administration's "America first" message.
• The weak dollar policy could backfire and make U.S. assets like Treasurys less appealing, and drive up the costs of foreign goods for businesses and everyday Americans.
• "They basically open this up as a one-way bet for traders, and traders will keep pushing it and keep pushing it," said one strategist.

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet'

More - Dollar hits new low

Dollar Hits New Low After Mnuchin Says Weakness Aids Trade

I wonder if Trump’s economic plan is to devalue the dollar and American labor until we’re competing with 3rd world wages

 

[westwall]

The Munchkin Lad is an idiot

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet'

• The dollar, already on a spiral lower, sank to a three-year low after Treasury Secretary Steven Mnuchin said a weaker dollar was good for U.S. trade.
• The comments depart from the strong dollar policy of Treasury secretaries before him, going back to Robert Rubin in the Clinton administration, but fit with the Trump administration's "America first" message.
• The weak dollar policy could backfire and make U.S. assets like Treasurys less appealing, and drive up the costs of foreign goods for businesses and everyday Americans.
• "They basically open this up as a one-way bet for traders, and traders will keep pushing it and keep pushing it," said one strategist.

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet'

More - Dollar hits new low

Dollar Hits New Low After Mnuchin Says Weakness Aids Trade

I winder if Trump’s economic plan is to devalue the dollar and American labor until we’re competing with 3rd world wages

No, that was obummers plan.

 

[BlackFlag]

The Munchkin Lad is an idiot

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet'

• The dollar, already on a spiral lower, sank to a three-year low after Treasury Secretary Steven Mnuchin said a weaker dollar was good for U.S. trade.
• The comments depart from the strong dollar policy of Treasury secretaries before him, going back to Robert Rubin in the Clinton administration, but fit with the Trump administration's "America first" message.
• The weak dollar policy could backfire and make U.S. assets like Treasurys less appealing, and drive up the costs of foreign goods for businesses and everyday Americans.
• "They basically open this up as a one-way bet for traders, and traders will keep pushing it and keep pushing it," said one strategist.

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet'

More - Dollar hits new low

Dollar Hits New Low After Mnuchin Says Weakness Aids Trade

I winder if Trump’s economic plan is to devalue the dollar and American labor until we’re competing with 3rd world wages

No, that was obummers plan.

Yeah that’s why you rubes spent 8 years complaining that he was doing the exact opposite. Good fucking grief.

 

[DrLove]

I winder if Trump’s economic plan is to devalue the dollar and American labor until we’re competing with 3rd world wages

Yep - he wants to make America Turkey, Russia or the Philippines at the earliest opportunity. Eliminate the free press, create a society of ruling class oligarchs, and anoint himself Emperor for life.

 

[Penelope]

The Munchkin Lad is an idiot

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet'

• The dollar, already on a spiral lower, sank to a three-year low after Treasury Secretary Steven Mnuchin said a weaker dollar was good for U.S. trade.
• The comments depart from the strong dollar policy of Treasury secretaries before him, going back to Robert Rubin in the Clinton administration, but fit with the Trump administration's "America first" message.
• The weak dollar policy could backfire and make U.S. assets like Treasurys less appealing, and drive up the costs of foreign goods for businesses and everyday Americans.
• "They basically open this up as a one-way bet for traders, and traders will keep pushing it and keep pushing it," said one strategist.

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet'

More - Dollar hits new low

Dollar Hits New Low After Mnuchin Says Weakness Aids Trade

I winder if Trump’s economic plan is to devalue the dollar and American labor until we’re competing with 3rd world wages

I think that is the plan.

 

[Toddsterpatriot]

A weaker dollar means companies pay less to Americans for work. Why do you think Nike and others use Chinese sweatshops? Because the Yuan is worth nothing.

A weaker dollar means companies pay less to Americans for work.

If you're making $15 an hour, that's $15 an hour whether the dollar is weak or strong.

Sure, if you don’t care about its worth relative to costs of products or services

I accept your admission of error.

Go ahead and make-believe away

Your ignorance is real.