The dollar is surging. This is who gets helped – and hurt – by its strength

https://www.npr.org/2022/09/27/1124284032/strong-dollar-euro-pound-foreign-exchange-fx-inflation

by paulpauper • 4 years ago

25 9 4 years ago

npr.org

yellowapple2• 4 years ago

It feels less like the dollar is surging and more like it's falling slower than everything around it.

pyinstallwoes• 4 years ago

What’s the difference ?

mwint• 4 years ago

One decimates American savings accounts, one doesn’t.

mathgeek• 4 years ago

I assume they meant inflation.

yellowapple2• 4 years ago

Well, if the dollar is indeed surging, I would expect my cost of living (which is denominated in dollars) to be going down instead of up. Instead, the opposite is happening.

mw888• 4 years ago

Not mentioned: workers.

everforward• 4 years ago

I think a strong dollar should be good for workers/normal people, right? It brings the cost of imports down, and we import a lot of our everyday items. That might be helping to stem off even worse inflation.

I guess exports get hit, which might impact employment levels eventually.

mbfg• 4 years ago

Wouldn't this make hiring foreign (remote) workers more appealing to US companies, and so being worse for US workers? (At least middle/upper middle workers)?

The dollar is surging. This is who gets helped – and hurt – by its strength

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