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<blockquote data-quote="MenInBrown" data-source="post: 1036370">[h=2]The Artificially-Strong U.S. Dollar is Hurting Our Economy[/h]May 25, 2012&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; John Olen<img src="http://economyincrisis.org/wp-content/uploads/2012/05/001-dollar-e1337961061921-300x162.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />A strong U.S. dollar is generally seen as a good thing for the economy, but there are exceptions. The U.S. dollar may look strong right now, but the underlying fundamentals of our economy indicate that it should not be. We are deeply in debt, running a huge balance of trade deficit and are seeing anemic economic growth. These are not the markers of a country that should have a strong currency. Most experts agree that an artificially strong U.S. dollar is actually worse than a weak dollar, exacerbating our already dire economic situation.A naturally strong U.S. dollar would be a sign of economic health, something which the United States does not have at this time. As it stands, the dollar is only relatively strong because other currencies such as the Euro are unstable. This is a temporary situation, and once it is resolved the underlying fundamentals of the U.S. economy will bring the dollar back down, and the inflationary pressures created by government actions such as quantitative easing will be felt once again. John Williams’ Shadow Government Statistics report echoes this idea.</blockquote>

[QUOTE="MenInBrown, post: 1036370"] [h=2]The Artificially-Strong U.S. Dollar is Hurting Our Economy[/h]May 25, 2012 John Olen [IMG]http://economyincrisis.org/wp-content/uploads/2012/05/001-dollar-e1337961061921-300x162.jpg[/IMG] A strong U.S. dollar is generally seen as a good thing for the economy, but there are exceptions. The U.S. dollar may look strong right now, but the underlying fundamentals of our economy indicate that it should not be. We are deeply in debt, running a huge balance of trade deficit and are seeing anemic economic growth. These are not the markers of a country that should have a strong currency. Most experts agree that an artificially strong U.S. dollar is actually worse than a weak dollar, exacerbating our already dire economic situation. A naturally strong U.S. dollar would be a sign of economic health, something which the United States does not have at this time. As it stands, the dollar is only relatively strong because other currencies such as the Euro are unstable. This is a temporary situation, and once it is resolved the underlying fundamentals of the U.S. economy will bring the dollar back down, and the inflationary pressures created by government actions such as quantitative easing will be felt once again. John Williams’ Shadow Government Statistics report echoes this idea. [/QUOTE]

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