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

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123 points harambae | 3 comments | 04 Jul 25 06:47 UTC | HN request time: 0.001s | source
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jamisteven ◴[04 Jul 25 07:19 UTC] No.44461982[source]▶
Entirely by design.
replies(1): >>44462042 #
ggm ◴[04 Jul 25 07:29 UTC] No.44462042[source]▶
Cheaper dollar boosts US exports. Makes imports more expensive even before tarrifs. Which situationally, some industrial sectors will want. The exporting ones. The ones reliant on imports, less such.

The US isn't self sufficient in food. Food imports are going to get more expensive.

replies(4): >>44462222 #>>44462413 #>>44462568 #>>44463729 #
1. mensetmanusman ◴[04 Jul 25 11:53 UTC] No.44463729[source]▶
The US produces ~4,000 calories per person per day and consumes ~2,500.
replies(2): >>44463883 #>>44465711 #
2. relaxing ◴[04 Jul 25 12:18 UTC] No.44463883[source]▶
US consumers don’t go to the grocery store for “calories”.

Ironic the side that likes to joke about the lack of choice in certain foreign supermarkets is going to create those conditions here at home.

3. wqaatwt ◴[04 Jul 25 16:07 UTC] No.44465711[source]▶
Switching to a diet mainly made up of maize and grain might not be that appealing to most US consumers though