←back to thread

The US dollar is on track for its worst year in modern history

(www.semafor.com)
124 points harambae | 1 comments | 04 Jul 25 06:47 UTC | HN request time: 1.368s | source
Show context
ipnon ◴[04 Jul 25 07:25 UTC] No.44462012[source]▶
Most Americans don't need cheaper iPhones and Amazon/Taobao slop, they need higher wages, cheaper food, cheaper housing. A cheap dollar moves industry back to America and this is a win for the average American. A weakening dollar is basically a gigantic macroeconomic signal to move investments back into the American economy instead of pushing them away.
replies(4): >>44462053 #>>44462087 #>>44462233 #>>44470430 #
1. whatever1 ◴[04 Jul 25 07:31 UTC] No.44462053[source]▶
Except from all the investors who are literally dumping dollars and treasury bonds and use other things to transact and store value.

Good luck getting loans & investments for your 100% American business ideas.

Hint: Go to any country that is not called the USA and try to get a $1M equivalent loan/investment for your startup and let us know how it goes.