American political leaders frequently state that they support a “strong dollar”, without discussing the impact that a strong dollar may have on corporate earnings and individual investors’ holdings. As can be seen in the video linked below, the dollar’s relative strength has varying effects on economic activity. Do you support a strong U.S. currency? How might a strong dollar benefit you and your family? Do you see advantages in weakening the dollar versus other currencies? What actions might be needed in order to weaken the dollar?
See video below:
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