What a strong US dollar means for the world economy
Economy | Information | History | Online | Facts | World | Global | Money
Our editor-in-chief Zanny Minton Beddoes takes us behind this week's cover to discuss the sharp rise of the dollar of late, and why its surge could pose problems for the world economy. For more videos, visit our YouTube channel https://www.youtube.com/theeconomist
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Higher spending.
Lower taxes.
Massive government debt.
Higher interest rates on that government debt.
= Greater deficits.
Who will lend to this deadbeat nation?
Probably the FED will increase money supply and buy bonds (another round of QE).
Which raises the question why isnt the USD going in the other direction? -
Wow,I bet that hurt!
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So does this negatively effect the U.S. though? If the people most in danger are the people who borrowed the most is that really a problem caused by us or them? Will higher tariffs reduce the trade debt?
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Love that the economist have finally started to update their youtube feed regularly!!
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