Most folks don’t understand a weak or strong dollar over the long term. (Relative values fluctuate over short terms.)
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 overseas.
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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