Sunday, December 28, 2014

Meaning of the Weak Dollar



Most folks don’t understand a weak dollar.
                   
But they’re still certain about government being able to offer them more goodies. That’s because they are often influenced by media, when it comes to political news. It’s sports and other circuses that get  much of their attention.
                   
So a weak dollar that concerns whether foreigners or foreign governments buy U.S. Treasury bonds have no importance to them.
                   
But when they have heavy inflation because the government had to literally print more and more money to balance the budget, they will notice.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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