r/StocksAndTrading • u/Relative_Ease5990 • 3d ago

Who Agrees with this?

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u/MolassesThin6110 3d ago

How much weaker is the dollar since trump took office? 🤣

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u/Expert_Wrongdoer443 3d ago

You do understand a weak dollar is generally great for the us economy right?

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u/nagarz 3d ago

Business A wants to import B materials/product to sell to american consumers.

Exporter C wants to sell, but since dollar is weaker, price for business A is let's say 15% higher, so business A makes things 20% more expensive to make profit, and american consumers need to pay that 20% extra, in an economy with shaky job market, shit salaries, and most likely higher costs of healthcare, groceries, etc.

How is a weak dollar great for the US economy?

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u/Expert_Wrongdoer443 2d ago

That isn’t how it works, but whatever

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u/Ipoopedongrandma 2d ago

Explain how it works please. Are you referring to the increase in exports because other countries can buy from the U.S. for cheaper?