The dollar slips to it's lowest level since 1973. What this means for you and me.

[JimH52]

The U.S. dollar has fallen at the fastest clip since 1973. Here's what that means.

Some global investors no longer expect the U.S. economy to outperform the rest of the world.

www.nbcnews.com

President Donald Trump wants the U.S. to increase its exports and lower its imports. Thanks to a historic decline in the value of the U.S. dollar, he may get his wish — but at a cost he may not have anticipated.

Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973. Today, it sits at a three-year low.

The simplest explanation for the decline is that global investors now expect the U.S. economy to no longer outperform the rest of the world as a result of Trump’s tariffs and worsening fiscal issues. Even with U.S. stocks returning to record highs, the return on other countries’ equities has been even stronger. Meanwhile the return on lending to the U.S. is expected to decline as growth here slows.

It wasn’t supposed to be this way. Many, including members of Trump’s own Cabinet, assumed his tariffs strategy would strengthen the value of the dollar relative to foreign currencies. The thinking behind it was that as American consumers began to purchase fewer foreign goods, those other countries’ currencies would weaken relative to the dollar.

Welcome to trump's economy. The wheels are coming off, perhaps slower than many predicted. I guess we are beginning to understand why the United States Constitution gives Congress, and not the president, power to levy tariffs. trump is using tariffs as a weapon, even a foreign policy weapon. That is not, and has never been, the purpose of tariffs. We are beginning to see the first signs of the damage his tariffs are doing to our economy. And it will NOT be an easy fix.

 

[shockedcanadian]

The U.S. dollar has fallen at the fastest clip since 1973. Here's what that means.

Some global investors no longer expect the U.S. economy to outperform the rest of the world.

www.nbcnews.com

President Donald Trump wants the U.S. to increase its exports and lower its imports. Thanks to a historic decline in the value of the U.S. dollar, he may get his wish — but at a cost he may not have anticipated.

Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973. Today, it sits at a three-year low.

The simplest explanation for the decline is that global investors now expect the U.S. economy to no longer outperform the rest of the world as a result of Trump’s tariffs and worsening fiscal issues. Even with U.S. stocks returning to record highs, the return on other countries’ equities has been even stronger. Meanwhile the return on lending to the U.S. is expected to decline as growth here slows.

It wasn’t supposed to be this way. Many, including members of Trump’s own Cabinet, assumed his tariffs strategy would strengthen the value of the dollar relative to foreign currencies. The thinking behind it was that as American consumers began to purchase fewer foreign goods, those other countries’ currencies would weaken relative to the dollar.

Welcome to trump's economy. The wheels are coming off, perhaps slower than many predicted. I guess we are beginning to understand why the United States Constitution gives Congress, and not the president, power to levy tariffs. trump is using tariffs as a weapon, even a foreign policy weapon. That is not, and has never been, the purpose of tariffs. We are beginning to see the first signs of the damage his tariffs are doing to our economy. And it will NOT be an easy fix.

A lower dollar is better for exporters and local manufacturers, bad for importers or citizens who want to be tourists and/or investors in other countries.

 

[Meister]

A weaker dollar increases exports.
A stronger dollar decreases exports.

There are benefits with either way the dollar goes.
Something catastrophic would bring a different result.
But the tariffs are not destroying the dollar by any means.
It just means that other countries are readjusting
as global economies are looking enticing these days.
We are no longer the only game in town when investing.

 

[Meister]

The U.S. dollar has fallen at the fastest clip since 1973. Here's what that means.

Some global investors no longer expect the U.S. economy to outperform the rest of the world.

www.nbcnews.com

President Donald Trump wants the U.S. to increase its exports and lower its imports. Thanks to a historic decline in the value of the U.S. dollar, he may get his wish — but at a cost he may not have anticipated.

Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973. Today, it sits at a three-year low.

The simplest explanation for the decline is that global investors now expect the U.S. economy to no longer outperform the rest of the world as a result of Trump’s tariffs and worsening fiscal issues. Even with U.S. stocks returning to record highs, the return on other countries’ equities has been even stronger. Meanwhile the return on lending to the U.S. is expected to decline as growth here slows.

It wasn’t supposed to be this way. Many, including members of Trump’s own Cabinet, assumed his tariffs strategy would strengthen the value of the dollar relative to foreign currencies. The thinking behind it was that as American consumers began to purchase fewer foreign goods, those other countries’ currencies would weaken relative to the dollar.

Welcome to trump's economy. The wheels are coming off, perhaps slower than many predicted. I guess we are beginning to understand why the United States Constitution gives Congress, and not the president, power to levy tariffs. trump is using tariffs as a weapon, even a foreign policy weapon. That is not, and has never been, the purpose of tariffs. We are beginning to see the first signs of the damage his tariffs are doing to our economy. And it will NOT be an easy fix.

I laugh at the "historic decline in the value of the US dollar."

 

[TimFitz]

The U.S. dollar has fallen at the fastest clip since 1973. Here's what that means.

Some global investors no longer expect the U.S. economy to outperform the rest of the world.

www.nbcnews.com

President Donald Trump wants the U.S. to increase its exports and lower its imports. Thanks to a historic decline in the value of the U.S. dollar, he may get his wish — but at a cost he may not have anticipated.

Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973. Today, it sits at a three-year low.

The simplest explanation for the decline is that global investors now expect the U.S. economy to no longer outperform the rest of the world as a result of Trump’s tariffs and worsening fiscal issues. Even with U.S. stocks returning to record highs, the return on other countries’ equities has been even stronger. Meanwhile the return on lending to the U.S. is expected to decline as growth here slows.

It wasn’t supposed to be this way. Many, including members of Trump’s own Cabinet, assumed his tariffs strategy would strengthen the value of the dollar relative to foreign currencies. The thinking behind it was that as American consumers began to purchase fewer foreign goods, those other countries’ currencies would weaken relative to the dollar.

Welcome to trump's economy. The wheels are coming off, perhaps slower than many predicted. I guess we are beginning to understand why the United States Constitution gives Congress, and not the president, power to levy tariffs. trump is using tariffs as a weapon, even a foreign policy weapon. That is not, and has never been, the purpose of tariffs. We are beginning to see the first signs of the damage his tariffs are doing to our economy. And it will NOT be an easy fi

That's only because he chickened out on his first reckless effort.

None the less, the 10% overall that remained is already affecting inflation, as was predicted.

Now that he's back to bellowing about tarrifs again, it may get worse.

He would absolutely sacrifice the country's economic prosperity to slake his childish ego.

 

[JimH52]

That's only because he chickened out on his first reckless effort.

None the less, the 10% overall that remained is already affecting inflation, as was predicted.

Now that he's back to bellowing about tarrifs again, it may get worse.

He would absolutely sacrifice the country's economic prosperity to slake his childish ego.

Tariffs are a tax on Americans and anyone purchasing goods. They were never supposed to be used as weapons, but the man/child named trump is using them as that. And it is going to blow up in repub's faces. But he won't care, cause he will be gone and tax payers will be paying for him after office. The tariffs are going to cause long term damage to our economy. It is slow to start but long to stay.

 

[jbrownson0831]

The U.S. dollar has fallen at the fastest clip since 1973. Here's what that means.

Some global investors no longer expect the U.S. economy to outperform the rest of the world.

www.nbcnews.com

President Donald Trump wants the U.S. to increase its exports and lower its imports. Thanks to a historic decline in the value of the U.S. dollar, he may get his wish — but at a cost he may not have anticipated.

Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973. Today, it sits at a three-year low.

The simplest explanation for the decline is that global investors now expect the U.S. economy to no longer outperform the rest of the world as a result of Trump’s tariffs and worsening fiscal issues. Even with U.S. stocks returning to record highs, the return on other countries’ equities has been even stronger. Meanwhile the return on lending to the U.S. is expected to decline as growth here slows.

It wasn’t supposed to be this way. Many, including members of Trump’s own Cabinet, assumed his tariffs strategy would strengthen the value of the dollar relative to foreign currencies. The thinking behind it was that as American consumers began to purchase fewer foreign goods, those other countries’ currencies would weaken relative to the dollar.

Welcome to trump's economy. The wheels are coming off, perhaps slower than many predicted. I guess we are beginning to understand why the United States Constitution gives Congress, and not the president, power to levy tariffs. trump is using tariffs as a weapon, even a foreign policy weapon. That is not, and has never been, the purpose of tariffs. We are beginning to see the first signs of the damage his tariffs are doing to our economy. And it will NOT be an easy fix.

Says jimboliar whose dollars exist only on his SNAP card....

 

[jbrownson0831]

Tariffs are a tax on Americans and anyone purchasing goods. They were never supposed to be used as weapons, but the man/child named trump is using them as that. And it is going to blow up in repub's faces. But he won't care, cause he will be gone and tax payers will be paying for him after office. The tariffs are going to cause long term damage to our economy. It is slow to start but long to stay.

312-226 loser....

 

[EvilCat Breath]

The U.S. dollar has fallen at the fastest clip since 1973. Here's what that means.

Some global investors no longer expect the U.S. economy to outperform the rest of the world.

www.nbcnews.com

President Donald Trump wants the U.S. to increase its exports and lower its imports. Thanks to a historic decline in the value of the U.S. dollar, he may get his wish — but at a cost he may not have anticipated.

Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973. Today, it sits at a three-year low.

The simplest explanation for the decline is that global investors now expect the U.S. economy to no longer outperform the rest of the world as a result of Trump’s tariffs and worsening fiscal issues. Even with U.S. stocks returning to record highs, the return on other countries’ equities has been even stronger. Meanwhile the return on lending to the U.S. is expected to decline as growth here slows.

It wasn’t supposed to be this way. Many, including members of Trump’s own Cabinet, assumed his tariffs strategy would strengthen the value of the dollar relative to foreign currencies. The thinking behind it was that as American consumers began to purchase fewer foreign goods, those other countries’ currencies would weaken relative to the dollar.

Welcome to trump's economy. The wheels are coming off, perhaps slower than many predicted. I guess we are beginning to understand why the United States Constitution gives Congress, and not the president, power to levy tariffs. trump is using tariffs as a weapon, even a foreign policy weapon. That is not, and has never been, the purpose of tariffs. We are beginning to see the first signs of the damage his tariffs are doing to our economy. And it will NOT be an easy fix.

I am not nearly as interested in what it will do for me as I am in what it will do for you. If you, as a democrat, will be hurt or harmed I could not ask more more.

God bless Trump.

 

[luiza]

The dollar slips to it's lowest level since 1973.​

You cannot have a Re-Set until you increase inflation by lowering interest rates, for example , and reducing dollar value .
How many times do you need Re-Set explaining to you , Dim Jim ?

Of course , if Dim Jim has found a way to reduce unsustainable Debt , do let us all know .
Bankrupts have to declare Bankruptcy .

 

[C_Clayton_Jones]

The simplest explanation for the decline is that global investors now expect the U.S. economy to no longer outperform the rest of the world as a result of Trump’s tariffs and worsening fiscal issues.

So much for voting for Trump because 'the economy.'

 

[C_Clayton_Jones]

312-226 loser....

Tariffs are a tax increase on Americans.

 

[22lcidw]

That's only because he chickened out on his first reckless effort.

None the less, the 10% overall that remained is already affecting inflation, as was predicted.

Now that he's back to bellowing about tarrifs again, it may get worse.

He would absolutely sacrifice the country's economic prosperity to slake his childish ego.

You guys were voted out of office because you screwed things up.

 

[JimH52]

So much for voting for Trump because 'the economy.'

I guess the magats shoulda considered all his bankruptcies, huh?

 

[TimFitz]

You guys were voted out of office because you screwed things up.

You have nothing to say. So why advertise it?

 

[Hollie]

The U.S. dollar has fallen at the fastest clip since 1973. Here's what that means.

Some global investors no longer expect the U.S. economy to outperform the rest of the world.

www.nbcnews.com

President Donald Trump wants the U.S. to increase its exports and lower its imports. Thanks to a historic decline in the value of the U.S. dollar, he may get his wish — but at a cost he may not have anticipated.

Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973. Today, it sits at a three-year low.

The simplest explanation for the decline is that global investors now expect the U.S. economy to no longer outperform the rest of the world as a result of Trump’s tariffs and worsening fiscal issues. Even with U.S. stocks returning to record highs, the return on other countries’ equities has been even stronger. Meanwhile the return on lending to the U.S. is expected to decline as growth here slows.

It wasn’t supposed to be this way. Many, including members of Trump’s own Cabinet, assumed his tariffs strategy would strengthen the value of the dollar relative to foreign currencies. The thinking behind it was that as American consumers began to purchase fewer foreign goods, those other countries’ currencies would weaken relative to the dollar.

Welcome to trump's economy. The wheels are coming off, perhaps slower than many predicted. I guess we are beginning to understand why the United States Constitution gives Congress, and not the president, power to levy tariffs. trump is using tariffs as a weapon, even a foreign policy weapon. That is not, and has never been, the purpose of tariffs. We are beginning to see the first signs of the damage his tariffs are doing to our economy. And it will NOT be an easy fix.

You missed your chance to include the , millions will die™ slogan.

You’re using your stupidity as a weapon.

 

[OhPleaseJustQuit]

I am not nearly as interested in what it will do for me as I am in what it will do for you. If you, as a democrat, will be hurt or harmed I could not ask more more.

God bless Trump.

 

[Frankenstein]

Tariffs are a tax on Americans and anyone purchasing goods. They were never supposed to be used as weapons, but the man/child named trump is using them as that. And it is going to blow up in repub's faces. But he won't care, cause he will be gone and tax payers will be paying for him after office. The tariffs are going to cause long term damage to our economy. It is slow to start but long to stay.

So when other countries weaponized them against us you were cool with it?

 

[jbrownson0831]

Tariffs are a tax increase on Americans.

Tariffs bring in dollars to the US and force other countries to treat us fairly facediaper. If you didn't hate the US so much you would see that.

 

[jbrownson0831]

So much for voting for Trump because 'the economy.'

312-226 facediaper. You should try getting a job, the 401ks are booming now under Trump.