Speakership

[Solkern]

We’re also the number 1 importer in the world and have been a net importer for decades, but fair enough. There are indeed pros and cons to both. I’d still argue that for the average US consumer, a strong dollar is much more beneficial.

A stronger dollar makes domestically produced and sold items, more expensive than imported ones, how is that beneficial to the economy? It skews the market in favor of imported products.

A weaker dollar = more jobs, and expanded business, while a stronger currency means less domestic jobs, and tighter monetary policies within companies.