DislikedYou don't understand SKYZER that strong dollar is good for AmericaIgnored
About part that I don't understand..
1) When value of the Dollar goes up, US DEBT also rising in ultimate value
for the same % amount
And Feds need exact appositive to curb growth of the Deficit..
Strong Dollar will export more manufacturing jobs overseas, since
cost of labor will be cheaper elsewhere. ( Employment)
So when you next time talking about a )Strong Dollar b)Interest
rates hike, think about Size of the DEBT cause in both cases that size
will rise with either option (a) or (b) or both.
EUR drop against Dollar 15%, means US corporates, who have branches
in Europe will lose that in profits (handle their profits to Europeans)
Nobody will see LOW inflation regardless of the Currency Valuation..
Too much DEBT world wide..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)