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Message: <blockquote data-quote="Jdvn1" data-source="post: 3189171" data-attributes="member: 26424">Hey, sorry for coming to the thread late. You may have been over this, but the "me" part of "we" hasn't. <img src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f61b.png" class="smilie smilie--emoji" loading="lazy" width="64" height="64" alt=":p" title="Stick out tongue    :p"  data-smilie="7"data-shortname=":p" />So, oops:[sblock=hijack]As an Economics student, let me take a crack at this.In general, a weak dollar (or a weakening dollar, relative to other currencies) is good for US business, good for exports, and bad for foreign entities who want to import to the US. Economists refer to this as the "Paradox of the Weak Dollar."The simplest equation for calculating the Gross Domestic Product is (Consumer Spending) + (Private Investment Business Spending (business spending)) + (Government Spending) + [(Exports) - (Imports)].When the US Dollar gets cheaper compared to another currency, US goods become cheaper in other countries and foreign goods become more expensive in the US. That makes overseas US goods more enticing to consumers, and they buy more and we sell more overseas. Foreign goods, in exchange, get more expensive in the US, and US consumers are less likely to buy them, and we import less.Or, Exports gets better and Imports gets smaller. When the Exports part of the equation gets bigger, GDP gets bigger, since it's added to factor into GDP. When Imports gets smaller, GDP gets bigger, since it's subtracted to factor into GDP.Long story short, GDP gets bigger, the US economy gets stronger, and everyone (including businesses) benefit, all else equal.Of course, that isn't the whole story. If the US dollar were inconsistent, it'd lose value very quickly, and no one would be able to trust it. It'd be an unstable currency. But, that isn't happening.If President Bush's advisors said that, they're falling victim to the fallacy. There aren't a lot of Economists up there, so it isn't surprising (and wouldn't be the first time), but it's possible you (or they) got confused and said it was making a dangerous comeback.[/sblock]</blockquote>

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