"$100 in 1980 is equivalent in purchasing power to about $382.88 today, an increase of $282.88 over 45 years. The dollar had an average inflation rate of 3.03% ... Inflation Calculator Federal Reserve Bank of Minneapolis
wHAT Has every Republican
es on the rich which, in eggevt, reduced the value of ebery woring person's pau check. Yhe bills that the Federal Goverbn
president since Reagan done to increase inflation? They all cut taxes for the rich but didn't reduce spending brcause politically it wasn't popular to starve the elderly or end highrt education possibilities foe middle class students but now they want to end thw Depy. of Education which will prevent millions of young people fLE rfom pursuing higher education which is a terriBle idea for America's future.
Only 74%
I would have thought more.
OK, I'm looking at it from the 1970's. My bad.
All that aside.
The dollar is strong in the current monetary marketplaces.
But for starters, let's define our terms ...
Strong Dollar: Advantages and Disadvantages (November 2024)
www.investopedia.com
... A strong U.S. dollar has several advantages and disadvantages. It may benefit some, but can negatively impacts many others.
The dollar is considered strong when it rises in value against other currencies in the foreign exchange market. A strengthening U.S. dollar means it can buy more foreign currency than before. For example, a strong dollar benefits Americans traveling overseas because $1 buys more; however, this would disadvantage foreign tourists visiting the U.S. because their currency would buy less.
If you're looking for a way to gauge the dollar's strength, one of the best ways is to watch the Invesco DB U.S. Dollar Index Bullish Fund (UUP). This exchange-traded fund tracks an index that represents the value of a dollar compared to its exchange rate versus a basket of important foreign currencies, including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc.1 ...
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