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Thursday, March 28, 2024

The History Of Global Crises Through The Eyes Of The US Dollar

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Which is better: a stronger dollar or a weaker dollar? You decide…

“King Dollar” met Queen Caterpillar this week and awoke the beast of broken narratives that a strong dollar may not be the ‘unambiguously good’ thing so many proclaim it to be. However, with the rest of the world competitively weakening their currencies (in order to ‘help’ their economies), we hope the chart above will help readers decide which they prefer… a stronger (US multinational-crushing) dollar or a weak (domestic drag) dollar?

h/t Liz

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