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trgn
162 days ago
also, future of USD-value is highly uncertain, dropped 10% last year, likely to drop more if interest rates keep dropping
2 comments
garbawarb
162 days ago
That makes the US a more compelling place for foreign capital to invest in talent though.
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trgn
162 days ago
Like your optimism
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tick_tock_tick
162 days ago
I mean that's a big part of why so many people want the USA dollar to go even lower. The administration has been very explicit that they want a cheaper dollar but unlike a lot of their other polices that goal has a lot of support among economists.
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stackghost
162 days ago
It makes it more attractive for FOREX trading, maybe, but economic instability (which Trump is absolutely fomenting) is anathema to investors.
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cco
162 days ago
The administration's target was an additional 20% devaluation or so by next year, they want to devalue by about 30% total
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