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Hayes concludes dollar heg is good

Hayes 23- Ph.D., CFA, Economic Sociologist

Adam Hayes, "Strong Dollar: Advantages and Disadvantages," Investopedia, 6-08-2023, https://www.investopedia.com/articles/forex/051415/pros-cons-strong-dollar.asp-- 嘉玮

The Bottom Line

A strong dollar allows U.S. consumers to purchase goods and services from overseas for less than if the dollar was weaker. It also helps compensate for rising inflation by keeping purchasing power from dropping too much.

Businesses that export and do most of their business overseas become disadvantaged by a strong dollar because they tend to see reduced revenues from the areas the dollar is strong against. But generally, it is good for the U.S. economy to have a strong dollar.

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