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

(www.semafor.com)
124 points harambae | 2 comments | 04 Jul 25 06:47 UTC | HN request time: 0.401s | source
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patrickhogan1 ◴[04 Jul 25 07:51 UTC] No.44462197[source]▶
DXY index - often what these news reports use when talking about the dollars decline is ~97 today—still stronger than the ~90 it finished 2014 at and almost the same as 2018.

Ask yourself, did you panic during these years? Mostly no. These were pretty good years.

replies(1): >>44462240 #
1. black_puppydog ◴[04 Jul 25 07:58 UTC] No.44462240[source]▶
that index grew significantly in both those years...
replies(1): >>44462367 #
2. patrickhogan1 ◴[04 Jul 25 08:18 UTC] No.44462367[source]▶
Volatility is normal - the main point is the index was lower than it is today (meaning we had a weaker dollar than this blog post is referring to as problematic) and the result wasn’t chaos - the economy grew.