The dollar is weak, but is that reason to panic? Not according to Kevin Cook—it's all relative.
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The dollar is weak, but is that reason to panic? Not according to Kevin Cook—it's all relative.
Let us all try and click our way to the TRILLION; go to onetrillionclicks.com and click your country into the wall of fame! Our governments are spending (tax) money like it's worth next to nothing. We are the ones that pay our taxes, it's our money. Do we all even realise how much a TRILLION is actually worth?! Check it out, spread the word, happy clicking! ;-)
Despite global economic woes, one positive aspect for main street America has been the relatively rapid rise of the US dollar in the last 3 months. The dollar index (DXY), a measure of the greenback against a trade-weighted basket of six major currencies, has strengthened by over 20% in this time. However, the question is will this trend continue? To answer this, one must look at the current factors driving the US dollar.
There are two primary reasons the dollar is falling and two primary ways to reverse the trend.
Contrary to popular opinion, the falling dollar won't necessarily cause high levels of domestic inflation.




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