Why the Value of the Dollar is Slipping and Why It Matters
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What is causing the dollar's decline?
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How do tariffs affect the value of the dollar?
But it's really, really important because while it might sound like something that only economists or bond traders need to worry about, the value of the US dollar is one of those big macro economic forces that trickles right down into our wallets. And while this is breaking news, you probably already noticed it. So today I'm going to do a deep dive on what the heck is going on with the dollar, why it matters and how it affects you. And as you've already guessed, it's way more than just currency exchange rates. The dollar has fallen about 8 percent this year and is now trading at a three year low. This drop is showing up in the dollar index, which is a metric that tracks the dollar against a basket of other major foreign currencies like the euro, the yen and the British pound. That's a big move in just a short period of time. So what changed? Well, a lot of recent movement traces back to tariffs.
As we know, President Trump announced sweeping tariffs on imports from nearly every single major trading partner, and that has spooked investors in a big way. But the tariffs were actually supposed to help the U.S. economy. The thinking was these tariffs would make foreign goods more expensive, which might slow demand for those imports.
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Chapters
6 chapters
1
What is causing the dollar's decline?
0:00–2:47
2
How do tariffs affect the value of the dollar?
2:47–3:58
3
What are the consequences of a weaker dollar?
3:58–5:57
4
How does a weaker dollar impact international travel?
5:57–7:55
5
What is imported inflation?
7:55–9:50
6
How does the dollar's value relate to inflation?
9:50–12:02
Speakers
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