http://www.forexconspiracyreport.com/effects-of-a-stronger-dollar/
Effects of a Stronger Dollar
The United States economy is doing well. The Federal Reserve expects to raise interest rates. The price of oil is falling and the dollar is going up against virtually all major currencies. What are the effects of a stronger dollar? The New York Times takes a look at the situation.
The United States economy is doing far better than that of most other advanced countries, achieving a recently revised 5 percent G.D.P. growth in the third quarter. The Federal Reserve is planning to raise interest rates this year, at a time its counterparts in Europe and Japan are pushing toward easier money.
But the consequences are quite a bit more varied some straight from Econ 101 and others unique to the current circumstances.
Read the article. US exports will be more expensive but the fall in oil prices will be more beneficial in dollar economies that elsewhere. Imports will be less expensive taking away the risk of excessive inflation. And, Americans will be able to travel abroad more cheaply than they have for years.
Russia and the Cost of Hard Currency
In order to do business with the rest of the world Russia needs hard currency. The ruble has taken a bad hit over the last year and will continue to fall simply as one of the effects of a stronger dollar. Newsweek presents their thoughts on the Russian sanctions, their outcome and timing.
4. http://www.forexconspiracyreport.com/effects-of-a-stronger-dollar/
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