More weakness seen as dollar posts worst year since 2017

When it does, I expect our standard of living measured in real terms to fall by anywhere from 20% to 80%.

“ While a strong dollar benefits Americans in many ways, it can also hurt domestic companies that conduct a lot of their business overseas and their investors.”

Part of why China sucked in the world’s manufacturing capacity was it held down its inflation rate by printing money to keep its currency weak for decades.