US Dollar Index still climbing…. Am I the only one that sees the problem with this….
Afternoon everyone ….
Our economy is falling apart at the seams, oil prices are through the roof, every day food items keep increasing….
But….
The United States dollar index keeps climbing like we are on top of the world….
Every single day we wake up everything costs more. So how is it that the US dollar is so strong, yet the dollars in our pocket don’t buy shit anymore?
Because it’s COMPLETE BULLSHIT….
The dollar index is the strength the US dollar has over foreign currencies. Well last time I checked oil is an import, if our dollar is so dam strong why are gas prices so ridiculous?
Since we don’t make anything in the United States why is anything getting more expensive if our dollar is so STRONG????
I CALL BULLSHIT….
The US dollar index is up .59 today alone, which has it currently at 105.06. The dollar index has not been this high since 2002.
WHO GIVES A SHIT….
If everything costs more…
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This issue is so worrisome at this moment. The almighty US dollar index is alarming. I dont know if there is respite on sight.
The rising US Dollar is not beneficial neither for the USA nor the world.
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It's getting pretty bad and unfortunately I think it's going to be a depression, they can only keep up the facade for so long
The changes really need to occur in due time
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Raising interest rates does that.
Cost of debt goes up, profits down.
Stocks sell off.
Liquidity dries up.
Repo market implodes.
PRinting mo dollas...Cow Poop.
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You can't keep on printing money. Soon the debt levels are out of control, if not ready !
The dollar keep getting strength against other coins in the world