The U.S. dollar’s appreciation is bad news for the global economy. Do you agree?

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I think it depends on a lot of things such as where you live and the kind of work you do. For us here in Japan I would say the answer is yes.

7 ( +10 / -3 )

It depends on where a country is exporting to and importing from, and what products and services are involved. Many currencies aren't fluctuating that much with respect to each other, so in some respects the surge in the $US doesn't have a lot of influence. That changes for things traded in the $US, such as oil. In that way, the world is much worse off, being one of - but not the only - factor that is causing fuel prices to soar.

For me at the moment, it's not too bad because the money I earn from US clients is worth a lot more here in Japan. But I'm just one man.

2 ( +4 / -2 )

With much of the energy and other precious commodities valued in US Dollars, a higher dollar value can mean the end of democracy in many poorer countries like Haiti.

1 ( +4 / -3 )

They have major American bank in Tokyo,that have access to dollars,they are shipped overseas by the Feds,just place an order,it will stacked and it your responsibility how you received it Google Ordering Money From The Fed Bank

0 ( +1 / -1 )

A higher US dollar will increase the cost of energy which will cause short term pain for consumers but encourage them to move towards renewable energy sources. This increase in the cost of energy can be good for the environment. It will also be good for the Japanese export sector as the price of their iterms becomes cheaper in a key market. This will include Japanese automakers especially those with elecrtic vehicles and green technology such as pumped hydro electricity. However, there will be short term pain for the average consumer.

-2 ( +0 / -2 )

This is why the US is constantly at war somewhere to protect its reserve currency status! Without that the US would be toast!

-6 ( +3 / -9 )

Bad policy in many places is what is bad for the global economy.

The dollar strength now is a reaction to bad policy in various respects.

The US will have its own problems to contend with in time.

2 ( +2 / -0 )

Maybe but it does not affect me personally, so I don't care whatever happens to the rest of the world.

-3 ( +1 / -4 )

If other countries grow their economies and become more technical they won't have to complain.

1 ( +3 / -2 )

Well look at Europe.

Pre war the US dollar wasn't as bad USA LNG was twice the price of Russian gas.

Now without the rise the USA is changing 4 times the price for LNG it does in the USA and to that the higher USA dollar and Wellcome to inflation, recession, depression!

Combined high USA dollar and USA price gouging it's "friends" the TTF Europe's leading trading hub, reached €321 per megawatt-hour, compared to the €27 a year ago.

The more Europe depends of USA gas the higher the dollar and this applies to oil worldwide as long as the price per barrel is linked to the US dollar.

War is great for the USA economy and they know it.

-1 ( +0 / -1 )

If the US wants to maintain its role as the global currency, it needs to have a pro-globe policy by printing more US dollars even if that's bad for inflation in the US, otherwise it needs to support the creation of a new global currency. The irony is that all essential goods imports into the US are already priced in US dollars so do not get cheapened by the strong dollar, whereas the imports that are cheapened will only be helpful to wealthier people who don't care about the small price differences anyway. A strong USD is actually harmful for self-sufficient countries like the US, but not for the import-heavy countries like the UK or Australia.

0 ( +0 / -0 )

A strong USD is actually harmful for self-sufficient countries like the US, but not for the import-heavy countries like the UK or Australia.

when it comes to food Australia is one of the most self efficient countries, Australia exports what people need, food, gas, iron ore


0 ( +0 / -0 )

A strong US dollar is what happens when things get wonky around the world. Money goes to places perceived as less risky. It isn’t a one-sided choice like the question implies.

2 ( +2 / -0 )

I worry more about what the yen in my pocket can buy me in Japan more than how much it can be exchanged for. Time to scrap consumption tax. People can't afford to eat, and in this day and age, that is unforgivable.

1 ( +1 / -0 )

Illusionary as it only reflects relative value of USD versus other currencies. Nevertheless bad for global economy, not least because so much global borrowing is in USD and so becomes much more difficult for borrowers to service and repay when their revenues are in their home currencies.

And allows US to import goods excessively and export its own inflation.

This is not going to end well.

0 ( +0 / -0 )

Almost every commodity in the entire world is bought and paid for with...US Dollars. Oil? Gas? Soybeans, Coal? Gold Copper Silver? Lithium? Everything practically any industry needs to make practically anything at all; also any wholesale staple foodstuff that is brokered through any commodity market - all are usually negotiated, bought, contracted and paid for in US dollars. It's one of the main reasons why most of the world's countries' cash reserves are held in...US dollars. It's not because they like the picture of Benjamin Franklin on the front of every Hundo! If things go wrong in-country, that country needs those dollars to get the necessities of life from outside country with those dollars!

If you don't have those dollars? Then you can't participate. You don't get the goods. And to get those dollars, you must convert your local (comparatively weaker) money. That's starting to hurt worldwide. And it's only going to get worse, much worse, before it starts to get better. So yeah, it ONLY affects the price of everything not produced in one's country, plus most of what is produced industrially inside the country. Other than that it's all..."illusionary", so to speak!

0 ( +0 / -0 )

With inflation raging at 8% in the US, the US dollar is only "appreciating" relative to other currencies, which are falling even faster. The people are not winning anywhere; the only difference is the degree to which the average working person's savings are losing value.

0 ( +0 / -0 )

150 yens / 1 usd is perfect, and I hope that Japan will adjust to it .

0 ( +0 / -0 )

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