Are current policies responsible for the falling dollar?

Question

As the currency of the world’s largest and most powerful economy, the dollar rises and falls based on the strength of that economy — and the confidence investors have in its future. With other economies in Europe and Asia growing more rapidly and the outlook for the U.S economy slowing, the dollar has been weakening.
>It seems to me that the policies of this current government is so far reaching that now the lowering dollar is threatening our nation. Food and energy is rising along with health care and jobs are disappearing. Is recession or even a depression looming?

Answer 1

yes. It gives more buying power to other countries, and this administration is all about out sourcing.

Answer 2

No, the world economy does not work that quickly. By the time current policies really begin to show any lasting effect, around 7-10 years will have passed.

The world economy is like a huge supertanker. It cannot, and will not stop or change direction on a dime, and quite often, you have to start turning the wheel miles in advance of your required turn to allow the momentum to shift sufficiently for you to see any changes.

Answer 3

You've got a lot of wrong ideas. There are benefits to having strong currency, and there are benefits to having a relatively weak currency.

A weak currency CREATES jobs, it doesn't destroy them. In fact the Chinese government puts a LOT of effort into keeping their currency weak for that very reason.

The US continues to enjoy the greatest economic growth of the "developed" world, the dollar is stable.. there's no reason to worry just yet.

Answer 4

Of course they are, the dollar has never in the past fallen to this level...thank King George for this. Gads, I am counting the days till he's gone.

Answer 5

it is all a game they play.

Answer 6

I think so.