Why There Is A ‘Dollar Dilemma’
— September 23, 2022On Wednesday, I wrote… “My worry is the surging dollar. A strong dollar is somewhat helpful for U.S. consumers… but mostly bad for everyone else. It hurts the profits of multinational corporations. For other countries that have seen their currencies drop some 20%-30% vs. the dollar, it means they are importing inflation. We may need […]
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