How can we strengthen the US Dollar?

[Two Thumbs]

Right now, to get €1.00 it will cost you $1.32.

How can we strengthen the US Dollar and why isn't it the strongest currency?

stop printing money to pay for money that we borrowed.

The world knows we do this, so it devalues the dollar.

 

[Kimura]

Stop printing money via QE^Infinity.

The major developed countries are in a war to deflate their own currencies, so the dollar will likely strenghthen (relatively) while the debasement spiral is underway.

QE isn't "printing money". It's basically a glorified asset swap. All the FED is doing is changing the composition of the financial assets held by the public.

 

[Kimura]

Right now, to get €1.00 it will cost you $1.32.

How can we strengthen the US Dollar and why isn't it the strongest currency?

stop printing money to pay for money that we borrowed.

The world knows we do this, so it devalues the dollar.

The US doesn't 'borrow' money if we view this from the consolidated government model. Technically, since the US is monetarily sovereign, it's the monopoly issuer of the dollar. It doesn't borrow that which it freely creates. Money creation is essentially ex-nihilo under our fiat system.

Sure, the Chinese, the Japanese, etc purchase Treasuries. How did they purchase said bonds? They purchased them with dollars in their reserve accounts over at the FED. The point is, those bonds were bought with dollars that were spent into existence by government at some point.

Also, an increase in the money supply isn't always inflationary. And in the world of floating exchange rates, I don't see why you care how many Euros or Sterling you get for a dollar. If you reside in the US, the national unit of account is the dollar - all assets, debts, and tax liabilities are denominated in dollars.

 

[Toddsterpatriot]

Right now, to get 1.00 it will cost you $1.32.

That's outrageous!!!

I'll sell you a dollar for $1.30........

 

[otto105]

Right now, to get 1.00 it will cost you $1.32.

How can we strengthen the US Dollar and why isn't it the strongest currency?

Why should it be?

 

[Concerned American]

Right now, to get 1.00 it will cost you $1.32.

How can we strengthen the US Dollar and why isn't it the strongest currency?

Pay down the debt and stop printing money that we have nothing to back with. COMMON SENSE.

 

[otto105]

Pay down the debt and stop printing money that we have nothing to back with. COMMON SENSE.

We back it with our country. Is that going out of business in your small conservatives mind?

 

[RoshawnMarkwees]

Remove all democrats.

 

[otto105]

Remove all democrats.

Blah. blah. blah boi.

 

[Concerned American]

Remove all democrats.

By lethal covid injection.

 

[otto105]

By lethal covid injection.

Sure, because you can't win at the ballot box.

 

[RoshawnMarkwees]

By lethal covid injection.

Too slow.

 

[otto105]

Too slow.

How long will it take for republic pols to eat their own?

 

[Concerned American]

Too slow.

OK, How about an injection of plain old air.

 

[Woodznutz]

Sure, because you can't win at the ballot box.

We'll find out this November.

 

[Woodznutz]

How long will it take for republic pols to eat their own?

That also might be resolved this November (how much political clout does Trump still have).