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

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124 points harambae | 4 comments | 04 Jul 25 06:47 UTC | HN request time: 0.001s | source
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snovv_crash ◴[04 Jul 25 07:31 UTC] No.44462062[source]▶
From outside the US, all the 'stock market gains' have actually been zero or negative because of this. I wonder how long before inflation hits...
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mindok ◴[04 Jul 25 07:44 UTC] No.44462144[source]▶
Not in Australia. Our dollar has taken a beating too. I guess digging holes and selling property to each other at ever higher prices isn’t that interesting to the rest of the economic world.
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1. actionfromafar ◴[04 Jul 25 08:26 UTC] No.44462415[source]▶
If that doesn't work, let's try "one part of the population chasing another part into concentration camps!" That'll attract investors.
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2. lifestyleguru ◴[04 Jul 25 08:31 UTC] No.44462435[source]▶
Every empire starts with free labour. Cheap labour is too expensive.
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3. defrost ◴[04 Jul 25 08:37 UTC] No.44462477[source]▶
Australia's already tried that one: https://en.wikipedia.org/wiki/Aboriginal_reserve
4. actionfromafar ◴[04 Jul 25 09:17 UTC] No.44462761[source]▶
While there's a lot of truth to that, I think that works better in undeveloped economies, and in the past, than now.