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Video: Seth Meyers on the Continuing Fallout From Trump's Racist Immigration Comments

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No Malarkey!1/16/2018 7:59:19 am PST

re: #160 Hecuba’s daughter

But isn’t the dollar declining courtesy of Trump maladministration? This is likely to eventually lead to higher interest rates to attract foreign investments. OTOH it’s not really clear which economy can take up the slack. The EU?

The world economy is growing at a faster rate than the US economy, due largely to the fact that with Boomers retiring in huge numbers our workforce isn’t growing very fast. A lower dollar should help US exports and get our inflation rate closer to the 2%, so its not really a bad thing. The Fed wants to get interest rates a bit higher anyway so that they aren’t too close to zero when the next recession hits.