How A Strong Dollar Can Backfire On The U.S. Economy

[@fire6163]

Here's a summary of the video: A strong dollar is good for imports because Americans can buy more stuff from foreign countries, but it's bad for exports because American made products are more expensive to people in foreign countries. And now you can use your time to watch a video that doesn't take 10 minutes to explain one sentence.

[@angelortiz4631]

Thanks dude, you saved me 10 minutes!👍

[@youdontknowwhoiam2449]

I second this explanation

[@Clickbait540]

Spoiler alert🙎🏼‍♂️

[@cross-bit]

You missed the most important... And that is the reason, why America needs Trump to be a president.

[@bigt0073]

​@@cross-bitWe don't vote for felons

[@NicholasBall130]

As inflation erodes the value of the US dollar and other currencies strengthen, financial uncertainty is growing. Despite this, many people still view the dollar as a safe haven. Concerned about my $420,000 in retirement savings losing its value, I’m exploring alternative ways to protect my money.

[@TylerJamestown]

Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.

[@StocksWolf752]

Having an investment advisor is currently the best way to approach the stock market. I was going alone, but it wasn't working. I've been working with an advisor for a while now, and last year, I achieved over 85% capital growth minus dividends

[@LiaStrings]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@StocksWolf752]

Rebecca Nassar Dunne is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@lolitashaniel2342]

Thank you so much! This is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon.

[@JuneTalley]

This is my fifth year after retirement. I’ve been following the 4% rule thing I saw on a KZbin channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get worried.

[@amolejoshua7452]

Amazingly, you were able to save that much during your active years. Not a lot of people can save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital, so you are not left devastated during a market crash or recovery. To simplify the process, you could allocate your resources with the help of a financial advisor.

[@KacieLehman]

@@amolejoshua7452 Yeah, I’m also closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who have been investing for many years.

[@JuneTalley]

@@KacieLehman Hey, this caught my interest. I worry that I have a couple more months before retirement, and I want to switch to using a financial advisor, but I don’t know how to find one.

[@KacieLehman]

@@JuneTalley Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Victoria Carmen Santaella for the last five years or so, and her returns have been pretty amazing.

[@JuneTalley]

@@KacieLehman Thank you for this tip. it was easy to find your coach. Did my due diligence on her. She seems very proficient and I'm grateful for your guidance.

[@Bloated_Tony_Danza]

Up Next: How Owning Nothing Can Make Americans Happy

[@firstlast8258]

Murican

[@ThompsonWhite-h6]

The economy is in such a mess, whether you vote blue or red, they all seem like the same bad government. It's really sad to witness the many struggles our economy is going through right now, with uncertainties, housing problems, bad weather, foreclosures, global changes, and the aftermath of the pandemic all adding to the instability. The increasing inflation, sluggish growth, and trade disruptions urgently need attention from all sectors to restore stability and encourage growth. How do you think we can effectively tackle these issues?

[@robertfurguson2678]

I totally get what you mean! It's kinda worrying to watch the US dollar drop in value because of inflation while other currencies are getting stronger, making things feel uncertain. Even with that, there's still some trust in the dollar's safety. I see your point about being concerned about your $420,000 retirement savings possibly losing value. Thinking about other ways to protect your money seems like a smart idea. Have you thought about any particular alternatives or plans to keep your retirement savings secure?

[@Foster_a12]

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

[@williamsscott3303]

This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.

[@Foster_a12]

Just research the name “Jessica Lee Horst”. You’d find necessary details to work with a correspondence to set up an appointment.

[@Harris_j1]

I'm grateful for your help. After looking up her name online and checking out her credentials, I must say, I'm really impressed. I reached out to her because I could really use all the help I can get. We've set up a call for further discussion.

[@felixfontaeus4518]

All I’m seeing is a bunch of rich powerful old people telling young adults that we are wrong because we are struggling in this fantastic economy.

[@theresabennett7313]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[@Valdesana]

obviously we newbie has no idea that we cannot do without help and proper guidance.

[@LesibaMothupi664]

You're correct!! I make a lot of money without relying on the government, Investing in stocks and digital currencies is beneficial at this moment.

[@MarzenaDuda-lq4tq]

NO ONE HAS EVER BECOME A MILLIONAIRE OR BILLIONAIRE WORKING FOR OTHERS AND DEPENDING ON THEM,GOOD INVESTMENT SHALL BRING YOU MILLIONS WHILE CONSISTENCY BRINGS BILLIONS. THE MARKET IS ALL ABOUT CRYPTO NOW YOU MIGHT WANT TO LOOK INTO IT

[@nwaiwuthompson3939]

Stocks and Forex - an enlightened form of Investment,n the place where millionaires and future billionaires would come for motivation. You are seriously missing out if you have never been in one. Most importantly If you know how to trade you can make a ton of money no matter where you find yourself

[@OrvilleM.Koster]

The best coin to invest in is Bitcoin, It has large fast rising and if you are lucky with a reputable broker with the lowest spread rate helping lead your way, I would say be prepared for an uplift.

[@ThaexakaMavro]

Canadian here, i miss the days when the Canadian dollar was at parity we could buy stuff straight from the us without the stupid markup in the Canadian market

[@dizzotizzo69]

In 1986 as a teenager, I remember the exchange rate being $1.25 Canadian to $1 US

[@WilliamsRichardz]

We work for years to earn $1million on our retirement, while some people put thousands of dollars in some meme coins and they become millionaires.

[@JanineHansley]

I always wanted to trade crypto for a long time but the volatility in the price has been very confusing to me,and even after i'd watch many youtube vidoes about crypto it's still been difficult for me to understand.

[@SteveHightower-u5o]

The best thing that happen to me last year that i can attest to is the progress i have made so far on trade. Venturing into crypto was my best decision ever, i know more is yet to come this 2024.

[@WilliamMoseley171]

Eric Jacques was my hope during the summer last year. I did so much from it, and off course from Eric Jacques. He's my number one source when it comes to crypto and TA.

[@ShaunGift]

I'm a bit perplex saying Eric Jacques Matthew has been my mentor. Really didn't know he's been good to many people.

[@JanineHansley]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@CameronFussner]

Looking at the US Bureau of Statistics, under the Consumer Price Index, one can notice that in the last quarter of this year, stocks are not really doing well, especially energy stocks as they seem to be below the zero point. However, I don't know if stocks will quickly rebound as I have no clue the direction of the market. Can I get an advice on any other stocks that I can acquire to diversify my reserve of $300k across multiple markets while creating a comprehensive portfolio.

[@CharlesArthur-fq5sx]

Consult a fiduciary counsellor; these professionals are among the best in the business and offer individualized guidance to clients based on their risk tolerance. There are undesirable ones, but some with a solid track record can be excellent.

[@BernardFrederick-tk7un]

For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 13 months just by copying trades from a broker that has better skillset and technical know-how than me.

[@foreverlaura-fq4eu]

@@BernardFrederick-tk7un Could you kindly elaborate on the advisor's background and qualifications?.

[@BernardFrederick-tk7un]

I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.

[@AlfredWilliams-ki6ri]

Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@Alexanderjames-rv2ik]

A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

[@FrancisWilliam-mv8tv]

The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.

[@Grace.h-t8o]

in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.

[@Miakate-f3l]

Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k.

[@JacobPaul-n6p]

How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

[@Miakate-f3l]

'Jessica Lee Horst, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@MrMountain707]

CNBC: We should print more money. We like cheap money.

[@Unknown_someone600]

Next video: US has a weak dollar and high debt this will benefit the economy

[@patriciajohnson1820]

😅

[@fgonzalez78959]

Weak minds also helps ..

[@jtstacey83]

Some debt is good. The one time the US paid off its national debt, it pushed the US into a decade-long recession. The trick is that most of the US debt is owned not by foreign governments but by the US itself. However, a worrisome trend has started, as tons of investment groups have started buying up as much US debt as possible. A weak dollar helps with US exports while a strong dollar helps with US imports. When people talk about China becoming the reserve currency of the world I laugh as China purposely keeps its value low to help with exports and their currency isn't based on reality simply what their government believes it should be worth.

[@Unknown_someone600]

@@jtstacey83 I’m not gonna pretend that I know what I’m talking about, you seem to know more about this, however I know that you can call it what you want “good debt”, “bad debt” it’s still debt meaning eventually we have to pay it back and it be harder for us since our currency will be weak and worthless

[@stayswervin554]

Propaganda at its best

[@CausticLemons7]

This comment section is filled with bots. They're literally posting the same comments over and over.

[@diamonddollarsmca7314]

Yup ...they are even worse on the housing crisis videos...dont worry tho...most data anaylistis amd cyber secs have narrowed them down to bots from Russia and other sectors ...

[@r88a]

I'm astonished by how they try to sell you the idea that a weak dollar is better for us americans, there is literally almost no benefit to having a weaker currency other than "it makes our exports more competitive", however what good is it if everything else is going to cost more since we are a net import country, literally everything will cost more with a weaker dollar. Its quite normal to be a net import country especially in a developed economy like the U.S

[@r88a]

Also they make it seem that if U.S goods cost more because of a stronger dollar that immediately it will be detrimental to our manufacturing industry, however many of our exports are luxury goods or technologically advanced goods that are not incredibly price sensitive to the higher income foreign consumer. The argument that a weaker dollar is better for Americans is nonsense.

[@wilsonmanch6773]

not exactly, weaker dollar will help export, increase more investment which create job, and create a better economy overall, more people working, more tax, more money for government, more money (GDP) in whole in the populations, but bad for individual economy. Strong dollar good for company that imports over a country that imports more than export, then that will be good for consumers, like you.

[@davianoinglesias5030]

More exports= more investments= more jobs= bigger middle class

[@roddywoods8130]

Crash fatigue is showing with most people. Most are so tired of hearing about the worse even though its true. We are being boiled slowly in the pot! I want to diversify my $80k portfolio.

[@selenajack2036]

I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.

[@hushbash2989]

The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.

[@kaylawood9053]

That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?

[@hushbash2989]

My CFA ’Lauren Marie Ehlers’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@bsetdays6784]

Thanks, I just googled Lauren and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@blongshanks77]

Anybody arguing with the presentation of this video is just mad at their own lives, and looking for reasons to vent. This video was simple, yet informative. Great job CNBC.

[@brianprusak3725]

The U.S. economy is tanking.

[@carlosdopazo7919]

Every devaluation has been negative for the US economy because it has every time decreased the amount of things that consumers can buy.

[@TheFinalRevelation2]

There is no logic like propaganda

[@KiingM]

Explain

[@RandomRabbit007]

My eyes just won’t stop lying to me lol

[@Tammyisthebestmovieever]

​@@KiingMThis video: "Actually, your dollar meaning less and losing value is a good thing! Don't worry about it!"

[@andredillon7685]

@@Tammyisthebestmovieever for your assets

[@SpazzyMcGee1337]

​@@Tammyisthebestmovieever Did you understand the arguments that they were making?

[@user-ux7jk4dk8n]

Next video: How living below the poverty line is good for you.

[@studiosemenka]

😂😂😂

[@fgonzalez78959]

You don't expect much

[@stayswervin554]

Lmfao lol

[@firstlast8258]

Speak for yourself 🙄 🖕

[@cheaserceaser]

Next video, how high prices and inflation help American consumers.

[@krishnendunayek2060]

No matter whether $ is strong or weak Debt Reduction should be America's First Priority.

[@jonathanvillalba3214]

Can't have that! the middle class can get a little too optimistic and BAM no more wealth gap

[@krishnendunayek2060]

@@jonathanvillalba3214 then prepare your mind to become Biggest Underdog in years to come. Permanently. As Swami Vivekanand says "Character is lost, Everything is Lost.(money is lost, nothing is lost)"

[@jacobjones630]

The debt is basically a measurement of how weak the dollar is. US treasuries are mostly owned by Americans and it’s a way of putting cash into the economy (printing money) or in other words, weakening the currency. It’ll never go down BTW, nor would you want it to.

[@krishnendunayek2060]

@@jacobjones630 it is the symptoms of Superiority Complex. Why did you uprooted so much existing railways in US? You wanted every American to own car luxury & air travel luxury. From where the Money would come from? From foreign business?

[@jacobjones630]

@@krishnendunayek2060 Those are also the modes of travel that burn the most oil. I wonder if there's some kind of oil lobby that controls the US?

[@ceczis]

the volume of propaganda coming from this "news" channel is astounding

[@fgonzalez78959]

Glad you enjoy it

[@FranceGaulGallia]

It's to elect Kamala

[@joellblankenship2791]

I'm 55 years old and have just learned that CNBC is the best spot for news non-biased such as Fox or CNN I like the value of making my own choices my own beliefs based on pure facts not other people's opinions thank you CNBC

[@mohdrozainiabduljalil9727]

Strong dollar is important so that American can spend, spend, n spend on luxury goods n sell them at cheap prices. Fake news are also good to prop up the strong dollar. Keep it up america

[@AureusApps]

Strong dollar -> More imports Weak dollar -> More exports Weak dollar helps manufacturing industry. Not consumers.

[@RayCray924]

Consumers would have to suffer in the short term to reduce the debt I guess

[@angeljo6020]

Plus more jobs. Where are you gona get money if you have no jobs?

[@NicoMCH666]

Here in Switzerland we had to cope with a strong Swiss Franc since 2015 when it started floating again against the € (it was fixed at 1 CHF = 1,2 € before), and all the crisis since then push investors towards a refuge currency which the Swiss Franc is. It has had an impact in the first years on exports and companies had to adapt their prices and cost structures. It depends on your trade balance, for importing it's great, for exports less and you then need to find new ways to stay competitive and maintain prices. For years the € and the $ have been both weaker against the CHF, we seem to be thriving with a strong CHF, so it might not be as bad as it sounds.

[@malanalan1]

US needs strong dollar. Strong dollar is great for expats especially retirees. Dollar lost 23% since 2022 peak which makes everything 30% more expensive abroad.

[@MrKenng123]

Let's all pray and hope that economic indicators like PMI GDP and consumer confidence across the globe will come in much worse than expectation. Thank you.

[@anthonyminimum]

1:17 Trump isn’t wrong in this regard, because not only does a stronger dollar make exports more expensive for overseas investors, but it makes imports less affordable for the United States, which is why China has been artificially lowering its Yuan, to boost exports and to outcompete the Dollar

[@AmericanSavingsHub]

A strong dollar is good for imports because Americans can buy more stuff from foreign countries, but it's bad for exports because American made products are more expensive to people in foreign countries.

[@peterponcedeleon3368]

A strong dollar makes us Americans richer while a weaker dollar makes us more poor.

[@Weiningc66]

It is actually more complex than that

[@peterponcedeleon3368]

@@Weiningc66 It really isn’t. Yes our exports may rise, but our import prices will fall or stabilize. And since we produce very little but import a lot, we will all benefit from a strong dollar. It’s very simple

[@falkenvir]

​@@peterponcedeleon3368A strong dollar will reduce Export as US made products would be more expensive.

[@firstlast8258]

Speak for yourself 🙄 🖕

[@kakashigaiden111]

Give men cupcake recipe

[@reichjef]

What I like to watch out for, is a rising dollar in a cutting cycle. That’s a bad sign, as a cutting cycle, outside of a recession, with a rising dollar, can indicate economic instability abroad, and contamination risk is high.

[@jeffpotter2934]

Next video: how a declining life expectancy is good for the environment

[@talharazzaq6245]

That's right, accept weakening dollar subconsciously, Next topic how Americans can benefit from broke economy/ civil war/ inflation...

[@Alpharizzchad]

Weak dollar makes America products are better and easier to sell overseas and the world economy

[@NoFrillz-G]

@@Alpharizzchadbut they don’t make that much anymore.

[@badbad-cat]

​@@Alpharizzchad weak dollar means you pay more. the thing you said would be possible only after a horrible economic disaster and cool down period of possibly several decades

[@twhelostl61]

Say what you mean and do what you say. The oversupply and crazy consumerism has to stop. China buried us in cheap crap. It has left one heck of a hangover. My billboard for our elected officials say "Please donate for our great race to the bottom"

[@rd9102]

Yea, having a strong Dollar is such a bad thing. Get used to it compared to all the other fiats. Over time it's a double edged sword and until there is a replacement for it, it's just going to remain that way. Spreading the value of what you have across many different assets and not just sitting in Dollars, that is the lessons anyone should take from this.

[@Temporary.life4321]

Economic 101: Strong $ = weak export, jobs cutting Weak $ = strong export, more jobs open

[@milosnestorovic1594]

Clear and Absolutely complete

[@zombie1864]

False. A weak dollar leads to inflation that then hurts consumer. Basic economics 101 ppl.

[@anbarasans85]

@3:00 "the dollar started to appreciate when we started to see the flare up of inflation in 2021" 🤯🤯isn't the opposte general consensus? when inflation is raising, currency weakens

[@XOPOIIIO]

The video covers both upsides and downsides of the currency strength, I don't see it as biased. Weak currency stimulate export, that's true, that's why China kept their currency weak, just to export more. But weak currency also causes inflation, which is also true. So no propaganda here, not more than usual at least.

[@Allofussurvived]

Always think about wether you can balance something if it causes problems

[@rendermanpro]

Weak(er) dollar is technically and literally is definition of inflation. So, do they wanna say that devalue of your savings and when you can buy less goods is awesome? If A LOT products "made in China" how weak dollar coulds help consumers.....

[@robcel402]

I will hold my gold and silver very tightly

[@windsong3wong828]

USA owes $35 Trillions in debts. USA have millions of homeless. The interest payments on the maturing and new debts will strain the US budget. The USA would face increasing pressure in paying the debts and the interest. The Chinese are not interested in buying more T bills. All these can only mean one thing…..the USD would have to go lower to get the Americans to save more and buy less things from overseas. The USA need a recession to buy less. I sold out all my USD and US assets 2 years ago. I don’t see how the good times can continue. US companies operating in China will see lower business in China ie No or low growth. Once you strip out the chinese business, most US a companies will see little or no growth in revenues and profits. The PE ratio is TOO HIGH. Sell the shares.

[@loh1870]

Your responsible, budget and save. They are in debt and are causing inflation to keep up.. You lose buying power. There debt becomes cheaper and assets they leveraged go up. Did i miss anything?

[@pwu8194]

Dollar depreciates so much, now homes cost twice as much. I don't care how it helped U.S. consumers when we can't even afford to buy a house.

[@412hwc]

soo now they tryn to tell us a good economy is bad.

[@Emerald214]

I'm looking for the video "How a weakening dollar can help American consumers" but I can't find it.

[@Fugged1998]

When we had that bad day in the stock market last month or early August even gold went down. Gold we buy for when paper money or stock markets fail, I will never be sold on precious medals. The dollar is king. Gen z is so confused about paper money it’s crazy..,Venmo and cashapp and debit cards is all they know as a cashier I could make a great comedy skit on this 😂 but it’s serious too…

[@deltakid0]

A lot of chatbots in the comments, what a lie all this is, you can spot them just by scrolling a little bit

[@wilsonmanch6773]

strong dollar is good for imports. if you export more than import, thats bad. but if you import more than export, you can buy more.

[@chrissolutions]

A strong dollar doesn't make much difference if the US did more in-house resourcing and production.

[@JuggyGales1977]

Strong dollar? Huh? You mean the least sick puppy in the litter.

[@GeorgeSchneider8889]

Strengthening antitrust laws is the only way to help consumers

[@NormanGhali]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.

[@RusuSilva]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

[@FusunTumsavas-cq7tp]

I learned from past mistakes not to rely on rumors and hearsay for market judgments. In 2020, I held worthless positions until I revamped my portfolio with the help of an advisor. Since then, I've scaled up $450k in 2 years, regardless of market conditions. It's all about where you're looking.

[@RossiPopa]

This sounds very incredible. Could you recommend who you work with please

[@StevenTorres.NYC-CA]

Weakened dollar but everything is still sky high

[@jacobjones630]

A weak dollar means high prices. The dollar doesn’t buy as much so you need more of them. Higher prices.

[@lolcatjunior]

Eggs at my store were $11 dollars today.

[@af31ns]

Music beginning around 5:30 makes trying to understand the speaker way too hard, and therefore, makes this video not worth watching. If you want to make music videos, then do that, but if you want to report news, then stay the hell away from obnoxious music. Two people should be fired for this. The one who chose the music, and the one who allowed it.

[@eddieb82100]

"...And that's a good thing" journalism back at it again

[@voncho1127]

The strength of the US dollar has always been its saving grace in the Finance markets compared to other countries currencies. Until now. A weaker US dollar isnt going to help you against Asian economies and their superior manufacturing base. Americans watching this should be very, very concerned about their livihoods if this is what their media is propagating to be the new normal.

[@dunnowy123]

@@voncho1127 No, a strong US dollar obviously benefits Asian importers, because it makes imports cheaper and exports weaker. That makes 0 sense. If you're looking out for American exporters, a slightly weaker USD is obviously a good thing.

[@voncho1127]

@@dunnowy123 The problem is, Asia exports more than it buys to the US. You assume the US hasn't shipped out most of its manufacturing to Asia as well. Exports to the Asia-Pacific Economic Cooperation in 2023 = $1.2 trillion Imports from the Asia-Pacific Economic Cooperation in that same year = $2.0 trillion So the American consumer will hurt more, since you'd have to pay more to import those same goods. You can read it up online on the U.S.-APEC Trade Facts from the Office of the United States Trade Representative, Executive Office of the President. The strength of the US was its ability to do what no other country could. Print infinite money and let other countries buy up the debt thanks to it being backed by oil. A weaker dollar, and no petro-dollar means the US can't just print infinite money and not risk crashing itself like so many countries that tried to do the same.

[@jacobjones630]

@@dunnowy123He’s saying no matter how weak the dollar gets, American exporters cannot compete with Asian exporters. You’re going to raise prices in the US for an export sector that cannot dominate like it did 70 years ago. American labor costs will always be higher. It’s kinda dumb policy when just considering the economic argument.

[@dunnowy123]

​@@jacobjones630 You know what, you're right. US exports are usually "high value" goods or natural resources, undeniably, a weaker dollar isn't going to help those exporters because they aren't making the same things Asian exporters are. And it will hurt US consumers.

[@Ricocase]

2.99 extra value meal is now $12.

[@bubpori5105]

Put the Valuations on top Either or Combined with a slow down where adjusting rates does not have the effect your looking for due to Imbalances and you have a recipe for $ Scarcity !.

[@JohnPap21]

It doesn't matter if its strong or weak since everyone is moving away from it. Whoever has dollars is going to become poorer. Especially the foreigners mainly from Europe who are hoarding dollars like crazy.

[@NoFrillz-G]

A weak dollar helps if you are a manufacturing nation but we are not hence the reason why we’re flooded with stories on China’s imminent economic collapse since Covid.

[@rendermanpro]

In the previous videos, "economic is strong, like never before, and if you don't feel it, it's just your impression". What is next "inflation is good" (literally this one), "layoff is good for your health", "low salary is good for cholesterine level"? That was not like that before on this channel...

[@quakslikeaduck]

More and more people are struggling to get by, here's how this can help you.

[@firstlast8258]

The numbers don't lie but liars use numbers 🤡 🖕

[@lokesh303101]

Real Value!

[@WorshipDaKing]

this is soviet style propaganda

[@AnthonyNeedsTech]

basically ordinary people have no say on the dollar….so everyone’s comments here are irrelevant. we don’t matter, never have.

[@BetterSubstance]

I don’t see how a weak dollar should benefit Americans traveling abroad 😂 but on a business side: For Export-First American companies with huge global foot print that’s great news, for Import-First companies (Home Depot, Costco…) not so much

[@akshaydamare]

प्रस्तुत विचार सटीक हो सकते हैं, लेकिन वे पूरी तरह से भू-राजनीतिक जटिलताओं और अंतरराष्ट्रीय संबंधों की गहराई को नहीं दर्शाते।

[@hansenlye2487]

instead of imposing tariffs on imports, just devalue.

[@dunnowy123]

Oh funny how these newly created profiles below me just happened to comment on this video within a minute of uploading. Chinese bot farms go brrrr

[@adampgrm]

"Chinese bot farms", huh? Meanwhile the comments: "Israel is our closest ally!", "inflation is good for you!", "weak dollar is good for you!"

[@dunnowy123]

@@adampgrm Are you reading the comments lol

[@metalvideos1961]

ah China lives rent free in your head i see. besides that is Hong Kong not mainland china. you cant even get this fact right. typical sinophobe.

[@hungson215]

Yeah, I like this kind of video to manipulate people's thoughts. The title of this video should be how cutting rates and printing money help Wallstreet

[@alkinsac]

Preferred Strong Dollar as soon it weaken it's value diminished and a strong currency other use it a collateral

[@xjtsx]

Wtf, who is dumb enough to accept this gas lighting? “Ohh, having a less power dollar is good” 😅 we’re doomed

[@souravjaiswal-jr4bj]

Soon, why not affording food may be a good thing. After all there is no obesity in Venezuela

[@lefthanded5473]

Democrats/Biden voters

[@fgonzalez78959]

Race to the bottom ..till everything and everyone is worthless

[@blongshanks77]

Just admit, you didn’t understand this video.

[@rolandotillit2867]

The comments do not dissapoint.

[@kingspamm1896]

Even the Facebook market is over priced 😂

[@Bigjoe99]

China is proof positive that weakening the currency is no panacea for competing to export to create jobs. You do better with a strong dollar that allow workers create better product to compete.

[@marcosmercedesn]

Pure gaslight.

[@edgarJM903]

But everything is expensive can’t hardly afford now this days

[@jon6309]

I’m planning to live abroad with no job. A strong dollar with high interest makes it very beneficial for me because first of all the interest and dividend income I receive is much higher in the current environment then the exchange rate for my dollar is also favorable so I am able to easily pay my living expenses without a job!

[@harukrentz435]

Its last hooray for the usd. Countries are having inflation mostly because they import goods using usd.

[@eyoeltewdros1]

Maybe try watching the full video prior to commenting on the title

[@jemje2007]

Weaker dollars means more money printed aka higher debt. people nowadays are basically working for paper currency which is worthless in the end. This applies to other fiat currencies too.

[@Allofussurvived]

Too strong bad to weak bad just balance it

[@FranciscoFerreira-gc6xu]

How being poorer is great news for everyone. Thank you for this. Really important to know.

[@klomba45]

The USA needs a reset

[@davidflorsek9105]

Worrying about the strength of the dollar is like worrying about the moon. Waste of time.

[@anthony-cm3yj]

They've absolutely lost it

[@TriPham-j3b]

Do we need outside u.s. Business? In my oppinion we domesticatemarket better but if the world unemploy they may flood the u.s. With immigrants so unless the fair foreign rate of exchange so poor countries need not to migrate to the u.s. Then u.s. Can close borders and still live safely but unless that happen now is impossible to avoid import mostly recycle materials in most import create bad fengshui and polution and allergies could wipe out the u.s. Polulation. I suggested domesticate market 10 years ago but no one believe me so don't blame anyone what people want how to die

[@Subroutine403]

Up next from CNBC. How cancer makes you healthier.

[@ttrnarayanan]

Weakaning dollar will drive inflation up and help government not American consumers

[@Lover-ur4te]

this is the epitome of gaslighting

[@jaykasai]

Lmaoo it is

[@Scapone2001]

Not true. A strong dollar is the best thing the us can have

[@ArnaudJoakim]

DXY down, stocks up. 🚀

[@stingray120]

0:42 obviously Duh!

[@StacksSats]

USD goes to $0 against Bitcoin

[@noneshere]

Bye bye dollar Hello BRICS ☺️