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123 points harambae | 1 comments | | HN request time: 0.204s | source
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ipnon ◴[] 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. konart ◴[] No.44470430[source]
I was under impression that americans already have pretty high wages, cheap food and cheaper housing. At least compared to many other countries.