Strong or Weak Dollar Is Better? Essay
can purchase foreign stock or bonds at “lower” prices. When Federal Reserve strengthens the dollar, they are directly raising the purchasing power of every single American. It sounds great. Therefore, the stronger the dollar, higher the purchasing power, the more benefit American gain.
After discuss about pros for strong dollar, what are the cons for strong dollars? Although the appreciation in the dollar does give consumers more purchasing power, odds are that most of the increased spending will