Confidence in the US Dollar has fallen sharply

[ua_guy]

My life is pretty amazing and is already full of those things, thanks!! ...

[ua_guy]

Most of you would be surprised to discover the Food Pyramid hasn't been pushed for a long time. It was replaced by other guidelines quite a while ago....

[ua_guy]

Yes, because we've been told by moderator staff that we can discuss economic impact and tax increases because they are fiscal policy, not specifically...

[ua_guy]

So how does devaluing the US Dollar help anyone, again?

[ua_guy]

That may have been a safer move than hedging by putting money into CD's. At 4.3% I will barely stand to outpace recent inflation, and that's not accounting...

[ua_guy]

It is a financial topic. What do we have to gain by lowering the interest rate when the Independent Fed says no, it's not time? Countries that lack an...

[ua_guy]

And the dollar drops further... https://finance.yahoo.com/news/live/...l-bashing-in-f...

[ua_guy]

Ouch. Another one... Mack/Volvo layoffs due to tariffs.



https://www.inc.com/reuters/trumps-t...vo-mack-trucks...

[ua_guy]

I thought BTC was over $100k recently. Or did that go down the toilet too?

[ua_guy]

The "traditional" advice is undoubtedly solid. Don't stretch, buy only what you can afford. Like Jenn_jenn said, the non-traditional advice...

[ua_guy]

Don't normalize this. 9% drop just in the last few months due to specific, targeted actions to undermine the US economy and its currency. Gold can lose...

[ua_guy]

The advice to stretch on a mortgage is a calculated risk. Hard working people can generally bet on a steady and growing income if they continue to grow...

[ua_guy]

Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump

https://apnews.com/article/dollar-trum...

[ua_guy]

I received the same advice from my dad years ago when considering buying my first house. Buy as much as you can, even if it might be a stretch. Real estate...

[ua_guy]

Why do we (you) care what poor people receive if it doesn't affect either of us, then? That's the difference.......

[ua_guy]

Ah...well, this sucks.

https://apnews.com/article/irs-direc...ae6f45ac67b7ab...

[ua_guy]

How is what industry CEO's are saying, the actual heads of the automakers themselves, an "assumption". They're talking about their costs, present...

[ua_guy]

Spoiler alert...all of those companies listed are basically resellers that buy time/capacity on the big networks (ATT, TMobile, Verizon). You're still...

[ua_guy]

No, actually, it's damaging to business right now, and these new taxes are already affecting pricing. As a consumer I want the most efficient and cheapest...

[ua_guy]

I'm not sure why the American Auto Industry is a target of the Trump taxes, but it appears to be. I thought the goal of this whole thing was supposed...