Wednesday, September 04, 2024

A Strong Dollar Is Good For the American Economy

©iStock/CalypsoArt
The United States has benefited from a profound shift in global capital flow, which has boosted the dollar.  But why is a strong dollar in America's best interests?

Not only does a strong dollar mean that there is a healthy demand for American-made goods and services, but, perhaps more important, it’s also a show of confidence in the U.S. government and financial institutions.

Learn how the shift in global capital flow has boosted the dollar, which should continue as the global economy adjusts to higher inflation and higher interest rates. 

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