Most folks don’t care about a weak or a strong dollar. They care about less esoteric or financial matters. About sports scores and athletic statistics.
Too many are also certain beyond doubt about who in government can offer them more goodies. That’s because they are often influenced by media sound bytes when it comes to political news. It’s sports and other circuses that get their attention.
So a weak dollar that concerns whether foreigners or foreign governments buy U.S. Treasury bonds has no importance to them.
But when they have heavy inflation because the government has to literally print money to balance the budget, they will notice. By then they will blame the wrong folks for their financial woes, taking their cue from the same faulty media sound bytes.
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