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Weakening the dollar is good actually

48,663 views • 1 year ago •via X (Twitter)

9 Comments

Mat's profile picture
Mat1 year ago

First post where I will agree with you Destiny, Strong dollar is great for Imports, but if the economy needs to shift, the currency needs to be a little weaker in order to attract investment and spending from foreign nations. Having the DXY at 101 - 103 is a good level for Americans to have the buying power they need and for it to be weak enough so that it can be used to export goods from.

EMPATHCHAN, DESTROYER OF NORMIES's profile picture
EMPATHCHAN, DESTROYER OF NORMIES1 year ago

I AGREE!

The Donarch's profile picture
The Donarch1 year ago

Destiny is what happens when you soak a fetus in Atrazine. This 🐸 is gay af!

Michelle 🌹's profile picture
Michelle 🌹1 year ago

It has its positives but Trump’s execution sucks and I don’t think the people suffering losses will be the ones to benefit from Trump’s policies… it feels like a transfer of wealth and corrupt money grab

FortDox's profile picture
FortDox1 year ago

fun fact if you take economic advice from Destiny a blue haired multi gendered retard, your a bigger problem to this country

Andy's profile picture
Andy1 year ago

It's almost like maybe they do have a plan huh

John Wood Jr.'s profile picture
John Wood Jr.1 year ago

Truth be told though Destiny, Trump has made this very point at a least a couple times in the past. He’s never been an unequivocal fan of a strong dollar.

GandalfGoulet's profile picture
GandalfGoulet1 year ago

So tariffs good now. Great. #Trump2028

James Deppeler's profile picture
James Deppeler1 year ago

I know that a lot of economists believe so, but it's not true at all that you need a weak currency to export. This is a mistake of logic just like the broken window fallacy, but it's popular because it gives the gov't/central bank license to do what they want to do: create money.

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