US Dollar Advantages

Satisfactory Essays

Making an absolute decision whether a stronger U.S. dollar is good or bad is tough call. I will have to agree with you that it can be good and bad for the U.S. economy. A stronger U.S. dollar would definitely enable U.S. citizens to purchase more of both domestic and imported products. You brought up valid point about the unaffordability of U.S. exports for other countries if the U.S. has a stronger dollar. Another factor to also consider is the possibility of a stronger US dollar having a negative effect on employment for those who work in export related industries. If other countries can't afford the products we make, our workers will be let go from their jobs. Now in a society without jobs, the US takes on the burden of more citizens unemployed.

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