If USD go up...?
if the rate of USD goes up, what it will bring to the U.S. and the world?Answers: Well, considering the US have the biggest consumer base, the capability to buy more products and services from the rest of the world. In other words, Manufacturing and Services Economies grow as will tourism.
Inflation will be down and hopefully, the USD will be on Par with the Euro.
A strong and strong US consumer base make for a healthy world reduction.
Well this is the part where on earth I *bash* my country.. yes, i'm an american...ugh.
Since Americans are a "I need it immediately and I need to buy" reduction, a strong US dollar would once again get us adjectives out of control! We'd buy adjectives the stupid trinkets coming in from asia, we'd adjectives own 3 cars, we'd be financing a house which would of course inevitability furniture and appliances. We'd need to buy things to build our house pretty, we'd put spinners and $3000.00 radios in our cars, turn on lavish vacations adjectives over the world while treating the hosts of the nations we pop in like 2nd class citizens, because we expect them to fathom out english. GOD THIS IS DEPRESSING...
Basically, as the US Economy grows (if it will one day), the other countries of the world will sell more to us, thus stimulating their economy through exports of goods and services.
As China's consumer remains grows over the next few decades, the US will soon run a second seat to Asia as primary consumer and at that point, we won't business (as) much.
For now, the world cutback is tied to the US economy (for this I apologize greatly for the gross incompetence of our leaders).
and Now.. for my RANT:
If our leaders didn't spend so much money anyone ineffective in everything they do, we'd hold a healthy reduction. Waging wars for Oil is of late disgusting. Protecting a nation that can protect themselves because we gave them nuclear arms is dispicable. We're not doing anything but cause pain within the Middle East and all over the world.
We're sticking our nose where it shouldn't be. If we pulled out of the middle east, the world would be a better place and terrorism would be down by slightly a bit. They're angry, because we come holding the promise of democracy and from what i've seen of how we treat their citizens, it's in recent times disgusting. We need to respect race and thier wishes. If all of this would occur, the world economy would prosper, but what we're doing today is only just disgusting..
We're waging period of war for our personal selfish requests. We're destroying our economy while doing it and that right away effects the world economy. We inevitability to move to a popular vote system. Throw the electoral politics system out the door.
Sorry.. I'm a bit passionate almost this subject as you can see. So there's your answer and my diatribe.. hope it helps and provides some thought-provoking reading.
will hurt US export
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