Why a Strong Dollar Matters to You.

A statement we frequently hear from economic analysts is that America needs a “strong dollar.” And most of the time, the non-economically savvy segment of the population blankly nods in agreement. Lacking a deep understanding of why a strong dollar is beneficial (or even what a strong dollar means), most people nevertheless prefer a strong dollar to a weak one. However, the words “strong” and “weak” are the source of much confusion on this issue. In virtually every other area of life, strength is categorically, universally preferred to weakness...Link