A report alleging that donald trump called his national security adviser in the middle of the night for guidance on whether a strong or a weak dollar is good for the economy has sparked criticism and ridicule across social media. He emails to me: hi tyler, alex tyler asks is a strong dollar better than a weak dollar and says yes, for americans though not for the world as a whole for the relevant thought experiment, assume an exogenous shift in [ . Free essay: strong or weak dollar is better strong is good weak is bad these generalizations sound simple enough, but they can be very confusing when come. In recent months, the rising dollar has become a key theme in financial markets currency movements have always been complicated both in their causes and consequences. What a stronger dollar means for the economy neil irwin @neil_irwin jan 5, 2015 continue reading the main story share this page this is really a variation of the point above about a strong dollar creating challenges for exporters.
What does it mean to have a strong dollar versus a weak dollar if this debate confuses you, you're not alone, as it is a very complicated question that mixes the stock market, politics, global gamesmanship, and economics. Does the us really want a weak or strong dollar no matter what the setting or topic, lately just about every discussion between economists, market participants, and government officials turns to the us dollar. What does the phrase strong dollar mean and, is a strong dollar good or bad central bankers and academics are always swearing up and down that they are oh-so-much-better than the gold standard before 1971 strong dollar to take down weak china. Donald trump continues to keep currency markets guessing: does the us president want to strengthen or weaken the dollar. President trump isn't the only one who's confused.
He says he isn't concerned with where the currency is in the near term but believes a strong dollar is better in the long run jeff cox | @jeffcoxcnbccom published 8:49 am et fri under fire for comments he made earlier this week seemingly advocating a weak dollar. When it comes to your stock portfolio, there are many more important factors on which it is better to focus. Oil and the us dollar -- they're the talk of the town of late the declining value of the dollar has often been cited as a major factor behind surging oil prices, which topped $143 a barrel tuesday. 'strong dollar' doesn't make sense by ezra klein by ezra klein may 16, 2011 i n washington, undoing isn't much harder than doing as far as china is concerned, a strong dollar means a strong china a weak dollar, meanwhile. The strong dollar & your great escape: why now is the best time to travel for americans by collette stohler while a strong dollar may not mean a cheaper plane ticket, the strong dollar converts to more money while overseas.
The dollar has been strong recently could the dollar be set to weaken over the short term the winds of change are blowing. Student handout which is better, a strong or weak us dollar when the united states dollar is strong or increases in value against all other currencies, the following situations will most likely occur. You might assume a strong dollar is preferable to a weak dollar however, whether that's true depends on the nature of your business the dollar is strong when it can buy more goods than a foreign currency can that means it's high compared with a foreign currency it is weak when it has less.
Of course, the entire uproar about a strong dollar versus weak dollar is a sham when the dollar (and for that matter all other national currencies) cannot be redeemed for either gold or silver, it is inherently weak and ultimately worthless. The two terms, weak dollar and strong dollar, are generalizations used in the foreign exchange market to describe the relative value and strength of the us dollar against other currenciesa strong dollar occurs when the us dollar has risen to a level against another currency that is near. Let's talk about a weak or strong dollar, and perhaps get a bit of understanding as to what th. Donald trump wants to know whether a strong dollar is better than a weak one here's the answer. What determines sterling's exchange rate, why are some currencies strong and others weak, and is the pound still overvalued against the dollar.