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To: Democrat_media

Why is a strong dollar bad? What will happen to the US if the dollar is strong?

Also, What is the difference between information, knowledge and wisdom?

Whenever I meet an economic hysteric I always like to see what they know. Pretty graphs and emotional writing do not a rational argument make.


30 posted on 08/13/2015 9:17:01 AM PDT by 1010RD (First, Do No Harm)
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To: 1010RD

A strong dollar is good for the American consumer: more purchasing power.

A strong dollar is bad for US exporters, making their products more expensive abroad. However, for US exporters who rely on foreign inputs for their products, they also benefit from a strong dollar.


31 posted on 08/13/2015 9:23:33 AM PDT by kevao (Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
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