Americans at every level - judges, politicians, academics, nonprofits - are orga
Title couldn’t say it all.
Americans at every level - judges, politicians, academics, nonprofits, etc. - are organized around the defense and protection of the criminal, the monstrous and the depraved, Trump, Epstein, Clinton, Biden, Musk,…
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last commentWe need a huge reset.
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^ I blew off work to do yardwork, swim in the pool and grille steaks later. We don't need no stinkin' reset.
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Click bait by the Squat Crew Groupies. You're going to need therapy as Colbert is ending in 10 months. Cant wait.
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google.com
Why is the US dollar falling by record levels in 2025?
Sell-off linked to unpredictable and unfunded economic policies which threaten the safe-haven role of the US dollar.
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China intentionally keeps the exchange value of it's currency low, to maintain a trade surplus.
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@Puddy
"DDDDDaaaaaaaahhhhhhhh......"
"Thanks puddy, now go get cleaned up."
There's your quorum.
I have nothing of use to contribute to this discussion (just my load across your face). It's a data point that doesn't fluctuate much over long periods of time.
Just got back from mongering in Vegas.....the dollar is still holding there.
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Potential advantages for a government to intentionally weaken the dollar
A government might consider intentionally weakening its currency, like the US dollar, to achieve several economic objectives, mainly related to boosting exports and domestic economic activity.
Here's a breakdown of the potential advantages:
Important Considerations:
While a weaker dollar can offer certain benefits, it's essential to acknowledge potential downsides:
Inflation: Increased import costs due to a weaker dollar can contribute to inflation, making everyday goods more expensive for consumers.
Reduced Purchasing Power: Americans' purchasing power abroad diminishes, making foreign travel and imported goods pricier.
Market Uncertainty and Investor Confidence: A prolonged period of dollar weakness could potentially signal economic instability, raising concerns among investors.
It's important to remember that currency devaluation is a complex economic policy with potentially significant consequences, and governments would likely weigh the potential benefits against the risks before taking such action.
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^ This sort of explains the Trump administrations reasoning for weakening our currency , the last few paragraphs details some of the reasons why we should be very cautious about this approach.
I am not an economist but I think this policy is not wise.
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The over reaction to Covid and all the money printed caused this.
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Covid goes back to when Joe Biden farted on a bat when he was 17.
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Youre out of touch if you cant tell how the dollars buying power keeps falling
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Very good summary Twentyfive. I agree but am wondering if trumps calls for lowering rates will crater the dollar if his wishes were to come to fruition. An independent fed has its merits in our current situation to keep
This in check. Real estate guys always want rates lowered. Since Powell will be around for another year, we’re good for now.
Stagflation is here for much of the economy, but there’s the argument that AI is starting to increase productivity and will keep inflation in check. My only concern is the government is trying to inflate itself our
of its debt, causing more and more of the burden to fall on the middle and lower
Class citizens. Those of us who’ve built wealth will be fine, but petty crimes and blight may become more prevalent when you have a widening
Gap of the haves and have
Nots. Many people will have to choose between paying for health insurance or
Go without starting next year.
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^ Everyone can be Nostradamus on predicting the future.
If, and I give to 80:20, the economy takes off as planned, the Dems/Left will have a lot of 'splanin to do in late 2026 election cycle. James Carville was spot on in 1992 "It's the ECONOMY, stupid" and it applies even more today. GOP can use that next year if the economy grows to 3.0%-3.5%.
There is a lot going on. Even Federal Reserve Governors Christopher Waller & Michelle Bowman are pushing hard on Powel to start lowering the Fed Rate.
The 10-Year Bond Yield is typically 75-100 Basis Points above the Fed Rate. Drop the Fed Rate, and the 10-year will probably drop too plus the 30-year so people can better afford a mortgage; only downside to lower mortgage rates, home prices may go up. Too many people have a 3%-4% mortgage and are dug-in pretty snug.
I'm certainly not Nostradamus however the "experts" were freaking out from Feb-Apr this year over tariffs, inflation, unemployment and gov't workers being RIF'ed. They are "The Mouse That Roared." GDP is stable around 1.5%-2%, CPI is stable under 3%, with tariff revenue at $120B so far and U-3 Unemployment around 4.2% however, U-6 is around 7.4% that shows a large number of workers between 18-50 are not working for whatever reason. As people fall off U-3, they are no longer measured so U-6 is a better number that is rarely mentioned.
Bite it Chicken Little PROGRESSIVES!!!!
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Any trip to rhe grocery store says otherwise
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yawn
.
Exchange traded assets go up and go down. It wasn't long ago that multiple people on here were squealing like stuck pigs because the stock market dipped for a bit. Now the S&P is back at all time highs. The dollar has indeed dipped a bit, but it is hardly weak by long-term historical standards. Ho-hum.
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Stocks hit fresh record, dollar weakens to lowest in three years amid Fed worries
reuters.com
Three wild months on Wall Street: Stocks hit record highs, dollar stumbles to historic lows
amp.cnn.com
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I hope the economy craters and makes this place even more unattractive to foreigners.
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abcnews.go.com
US dollar is off to its worst start in 50 years. Here's why that matters for you.
A weaker dollar will impact everyday purchases
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The OP used a discussion title to broadcast his ignorance of global economics. That is exactly what you would expect from a guy who get his news from tiktok.
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