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do you think it would be better for the us dollar?
to lose its value or do you think it would be bad. my opinion is i think that the rich people might come down to our level and see how our daily lives are the way we have to fight to put food on the table and fight to buy gas and things like that.please let me know your opinion what do you think. other then i need spelling help.
2 Answers
- I didn't do it!Lv 68 years agoFavorite Answer
The question is: what is better for the US economy, the US dollar losing its value or not. Generally, the view of economists is that it is better for the US economy if the US dollar gets weaker, that is to lose its value. If the US dollar gets weaker, products made in the US become cheaper in the international markets and would therefore strengthen to export industry in the US, creating additional jobs and revenue.
- Anonymous8 years ago
The FED policy is to weaken the dollar until the unemployment rate is 6.5% from 7.3% today. So it might take a while. The Euro get more strong and the Yen get weak.There are all manipulation on the way.
