The Unstoppable Dollar Is Wreaking Havoc Everywhere But America
#3

I think a stronger dollar defeats the purpose of the rate hikes. The hikes are supposed to curb spending by people, so that they do not chase after limited goods. But with a stronger dollar, they have no problems buying from overseas. This has a big impact on inflation in other countries but ultimately will affect them too.
Reply


Messages In This Thread

Forum Jump:


Users browsing this thread: 1 Guest(s)