re: #171 Big Beautiful Door

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.

On the other hand, doesn’t a weaker dollar make imported goods more expensive for the consumer?

I confess to being an ignoramus about econ.