June 2, 2016

DUDE, GET USED TO IT:

The U.S. dollar is stronger than it's been in 13 years. That's bad. (Jeff Spross, June 1, 2016, The Week)

You may have heard that the U.S. dollar is quite strong again. That sounds good, right? "Strong" is generally a positive adjective, after all.

Well, not so fast. Because if the dollar is strong, something else must be weak. So whether a "strong" dollar is a good thing or not depends on some context.

A "strong" versus "weak" dollar is all about how much the dollar is worth compared to other currencies, as measured on international currency exchange markets.

Currencies are essentially futures.  America has one.  Others don't.

Posted by at June 2, 2016 6:02 PM

  

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