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Anna Helhoski

๐Ÿ‘ค Person
1287 total appearances

Appearances Over Time

Podcast Appearances

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

Yeah, so its value is measured in two ways, at home and abroad. Domestically, the dollar value is its purchasing power, which is tied to prices and inflation in the U.S. Purchasing power is just what your money can buy. So when prices increase, the purchasing power goes down and vice versa. Now, at the international level, the dollar's value is measured against the strength of other currencies.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

Yeah, so its value is measured in two ways, at home and abroad. Domestically, the dollar value is its purchasing power, which is tied to prices and inflation in the U.S. Purchasing power is just what your money can buy. So when prices increase, the purchasing power goes down and vice versa. Now, at the international level, the dollar's value is measured against the strength of other currencies.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

Yeah, so its value is measured in two ways, at home and abroad. Domestically, the dollar value is its purchasing power, which is tied to prices and inflation in the U.S. Purchasing power is just what your money can buy. So when prices increase, the purchasing power goes down and vice versa. Now, at the international level, the dollar's value is measured against the strength of other currencies.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

You know when you travel internationally and you exchange your U.S. dollars for the euro, for example, and the amount you get back in euros isn't exactly the same face value as your dollar amount that you put in. So we look at the exchange rate. If the dollar rises compared to another currency, that means the dollar value is strengthening.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

You know when you travel internationally and you exchange your U.S. dollars for the euro, for example, and the amount you get back in euros isn't exactly the same face value as your dollar amount that you put in. So we look at the exchange rate. If the dollar rises compared to another currency, that means the dollar value is strengthening.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

You know when you travel internationally and you exchange your U.S. dollars for the euro, for example, and the amount you get back in euros isn't exactly the same face value as your dollar amount that you put in. So we look at the exchange rate. If the dollar rises compared to another currency, that means the dollar value is strengthening.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

But if the exchange rate for the dollar goes down compared to another currency, that means the dollar value is weakening.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

But if the exchange rate for the dollar goes down compared to another currency, that means the dollar value is weakening.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

But if the exchange rate for the dollar goes down compared to another currency, that means the dollar value is weakening.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

We can tell by the dollar index, and that compares the value of the U.S. dollar to a basket of six other key global currencies, including the euro, the Japanese yen, the British pound, the Canadian dollar, the Swedish krona, and the Swiss franc. And those currencies are weighted according to its reach or share. By far, the euro comprises the largest share.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

We can tell by the dollar index, and that compares the value of the U.S. dollar to a basket of six other key global currencies, including the euro, the Japanese yen, the British pound, the Canadian dollar, the Swedish krona, and the Swiss franc. And those currencies are weighted according to its reach or share. By far, the euro comprises the largest share.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

We can tell by the dollar index, and that compares the value of the U.S. dollar to a basket of six other key global currencies, including the euro, the Japanese yen, the British pound, the Canadian dollar, the Swedish krona, and the Swiss franc. And those currencies are weighted according to its reach or share. By far, the euro comprises the largest share.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

Now, the value of the dollar index, displayed as USDX in markets, will rise and fall based on those domestic and international measurements that I talked about. It's basically supply and demand at home and abroad. Can you talk more about what factors impact supply and demand? For some background, the U.S. dollar was once backed by gold, but that changed in 1971 under Nixon.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

Now, the value of the dollar index, displayed as USDX in markets, will rise and fall based on those domestic and international measurements that I talked about. It's basically supply and demand at home and abroad. Can you talk more about what factors impact supply and demand? For some background, the U.S. dollar was once backed by gold, but that changed in 1971 under Nixon.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

Now, the value of the dollar index, displayed as USDX in markets, will rise and fall based on those domestic and international measurements that I talked about. It's basically supply and demand at home and abroad. Can you talk more about what factors impact supply and demand? For some background, the U.S. dollar was once backed by gold, but that changed in 1971 under Nixon.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

Now it's a fiat currency, meaning that because the U.S. government says it's legal tender, it's legitimate. But its actual market value is not determined by the government, but either by factors that influence supply and demand. Now, the first, as you might expect, are international trade policy and the overall geopolitical climate. The U.S.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

Now it's a fiat currency, meaning that because the U.S. government says it's legal tender, it's legitimate. But its actual market value is not determined by the government, but either by factors that influence supply and demand. Now, the first, as you might expect, are international trade policy and the overall geopolitical climate. The U.S.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

Now it's a fiat currency, meaning that because the U.S. government says it's legal tender, it's legitimate. But its actual market value is not determined by the government, but either by factors that influence supply and demand. Now, the first, as you might expect, are international trade policy and the overall geopolitical climate. The U.S.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

has instituted protectionist trade policies in the last few months, and as a result, our biggest trade partners have responded in kind. And restrictive trade policies tend to cause volatility in investment markets. Now, as I mentioned before, usually the dollar value increases during volatile times since it's considered a safe haven. But when the economy of the U.S.

NerdWallet's Smart Money Podcast
Less Spending Power, More Debt? Navigate a Declining Dollar and Make Progress on Credit Card Bills

has instituted protectionist trade policies in the last few months, and as a result, our biggest trade partners have responded in kind. And restrictive trade policies tend to cause volatility in investment markets. Now, as I mentioned before, usually the dollar value increases during volatile times since it's considered a safe haven. But when the economy of the U.S.