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RE: Bounty:Why a strong USD may crash the world economy

in #usd5 years ago

A strong dollar in the long run just continues to support the printing of unbacked currency. In theory, this is more debt than can ever be repaid which will only make things worst for the competitivenessnof other countries to trade with each other given that most foreign trade is in dollars.

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But how does this negatively affect foreign countries?

Everyone exports to the us, so stronger $ just increases us demand which is great for the world