[growthorvalue]

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.

whats the point of strong dollar when you have less of it..... most Americans are on debt.... think the mortgage just hit 7%... from 2% one year ago.. imagine this happening in sg... many will jump off their HDB...