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I think you'll find it's a big beautiful drop. A tremendous drop. Everyone is saying it's the best drop ever!
Big beautiful drop!
The was on the Project 2025 roadmap. Cheaper to export things when the dollar is cheaper.
The heritage foundation is an enemy of the American people
Let's not limit it to the US
Interest rates dropping, prepare for inflation, and prices, to surge.
Ill gladly refinance my mortgage, but at what cost?
what cost?
Closing?
This is already being written down in the history books because of how devastating it is at home and abroad. You can look up Trump-Futanari inflation if you don't believe me.
Hmm. Guess I shouldn't have invested my kids' college fund in futanari bonds after all.
Everyone knows futanari bonds are a bad idea! You gotta flip your futanaris frequently!
Have we already reached a tipping point for the USD as a reserve currency?
If not will this make that happen?
Because the real "shit hits the fan" moment will be when the rest of the World dumping USD assets (most notably, Treasuries) starts snowballing as those still holding assets valued in USD start getting hit by dollar devaluation due to others having dump USD assets, pushing them to sell dollars and dollar-denominated assets to avoid further losses.
Given just how large of a fraction of their currency is held by foreigners, a snowballing aversion to holding dollars is the kind of thing that can result in hyperinflation in the US.
Somehow, even while blaming tRump for their plight, Republican voters will continue to support tRump, even as they lose everything they and their family have. It's so fucked up!
He let them use the n-word again without getting embarrassed. That's what they love him for.
I’ve personally been using it like that for my entire freelancing career of over 20 years. Not since last year though. I’m not staying on a sinking ship.
That should be interesting politically, given that Pew polling showed that the top concern for Trump voters in 2024 was "the economy" and within that category, the top concern was "prices".
The big question is whether they really mean that, and then whether they really notice what's happening. They may just assume the old false myth that the Republicans are better at managing the economy and double down on their support. Or they may just not want to admit that they don't care about the economy so long as the government is hurting LGBTQ+ and brown people.
Don't worry, nothing will change, it will still be Obama's fault somehow.
Did you see that audacious tan suit bruh
Oh, having whilst in the Finance Industry seen exactly what the Obama administration did in the aftermath of the 2008 Crash, he at the very least tilled and fertilized the fields from were this harvest is coming.
His "save asset holders at any cost and have the rest of society pay for it" approach accelerated wealth concentration, inequality growth and the destruction of social mobility in the US, which amongst other things helped Trump swindle a lot of desperate working class people to vote for him, plus also inflating a number of asset bubbles, most notably realestate.
Just because Trump is even worse doesn't make Obama a competent steersman of the US Economy.
Are we great yet?
No. You must suffer a little more for us to be great.
I'm tired of winning boss
The euro has had the biggest gain of the major currencies against the faltering dollar, surging nearly 14 per cent to above $1.17
That's for 2025.
Wall Street banks expect the euro to strengthen to $1.20 by the end of 2026
So 3 cent decline for the dollar for 2026, that is pretty stable if that holds.
The headline must refer to what has already happened, but then why is it "on track" instead of it being already a fact?
Or does the author not believe the Wall Street banks?
Anywho I don't believe the dollar will only decline 3 cents against the Euro in 2026.
The American economy would clearly be in declining growth already, if it wasn't for the AI bubble. I suspect this to become clearer when job numbers for January and February 2026 are released.
The completely irresponsible federal budget for 2026 probably won't help either, and the Trump administration is almost guaranteed to make things worse as they continue their crazy policies, with or without Trump, I don't think that really matters much. The rest of the administration is as crazy as Trump is.
The Greenback has really outlived it's purpose as world reserve currency because the government and central bank can't be trusted with fiscal discipline. It may improve post Trump
Ah yes, the "Biden economy" at work. 🙄
ah yes, dollar, my favourite currency
The US is a literal house of cards. Would love for the world to finally move away from the US dollar as reserve currency.
Cool, does this mean the Steambox will become cheaper, or is it made in China anyway?
It would have to be 100% made in USA for it to be cheaper from a weaker dollar, so no.