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Weak Ass Dollar

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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,658 Founders Club
    edited April 22

    • Tariffs negatively affecting US Stock and bond markets leading to a sell off in US assets
    • Lack of investor confidence due to trade war and political instability
    • Lower interest rates in US compared to Europe and Asia leading to reduced returns on government bonds making other currencies attractive

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  • EverettChris
    EverettChris Member Posts: 8,690 Standard Supporter

    Spaz AI’d his post.


    lol

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  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,439 Founders Club

    ChatGPT came through on the negatives for a weaker dollar. I was hoping for more of a pros and cons answer though since economics is always about tradeoffs. With huge deficits with basically everyone, a free market would dictate a weaker USD as deficits increase which is what would help naturally balance out trade deficits as more production overseas would put more demand on local currencies and make US imports cheaper. This really hasn’t been happening though and is basically an indirect tariff on US goods that this board has been calling out for many years. I’d argue that this change is a possible sign that we are getting closer to free trade through fair trade.

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  • graveyardDEADdawg
    graveyardDEADdawg Member Posts: 2,403 Standard Supporter

    This moron needs to go the way of Ern, Spaz is a very fitting name.

    Make Hardcore Husky Great Again

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  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,439 Founders Club

    I want them all here and active where I can keep an eye on them.

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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,658 Founders Club

    Don’t hate guys. Just take the ownage….again.

    A little hint. Yall might want to fire Doog Bot as your finance guru and hire someone else. He sucks at it.

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  • SwoopTheMoon
    SwoopTheMoon Member, Swaye's Wigwam Posts: 242 Swaye's Wigwam
    edited April 22

    As an international traveler and international club attendee (see Hvar & Carpe Diem which none me of you will be able to attain outside of a google search and using downloaded images in @EverettChris oculus rift) I can agree the dollar is weakening. I will say though that the short term pain of this economy should be considered an investment into our future generations!

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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,658 Founders Club
    edited April 22

    Oh boy….BMBGA is here (Bob making Brics great again)

    They’d love nothing more for the dollar to weaken so they can break the global dominance.

    I’m just thinking…do any of you think strategically? I mean it explains a lot on this board.

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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,658 Founders Club
    https://hardcorehusky.com/discussion/comment/2068016#Comment_2068016

    Fuck future generations, I worked hard for what I have.

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