1. It is no good for the American dollar to rise too high, which is caused by the high interest rates from FED, which saw many, already looking at a troubled world, to place their wealth on its Treasury bonds, which will cause higher repayments as saving interests to the depositors.
Remember the time when COV 19 struck & the Fed reduced the rates to almost zero? Did it hurt the American economy? NO, as depositors still trusted Rule of Law USA.
2. With Tariffs issued by PrezTrump to save USA economy & jobs, there WILL be a secondary effect upon Americans - creation of not just jobs by MNCs returning to USA to provide jobs for Americans, it WILL create the MUCH NECESSARY ENTREPRENUERSHIP that USA & World needs.
i) USA is the largest consumerist society on Earth. It is also a Nation that pays living wages & necessary entitlements to blue & white collar workers.
ii) With Tariffs imposed, it may cause inflation, as most of its cottage industries are gone, & thus Americans will have to pay more for IMPORTED goods.
iii) HOWEVER, the upside is that it WILL CREATE ENTRENUERSHIP within USA.
a)Americans, as a Free & Highly educated civilization, have NO lack of innovators within, along with US Congress that forbids monopoly or cartels under its Free market capitalist empire.
b)As a simple example so that more may understand - A cup of coffee costs USD$4 in USA. A cup of coffee made from the SAME ingredients costs only USD $0.50cts in Indonesia. While Starbucks may claim it labor costs to pay living wages to staff & renovations, etc... it is still a cup of coffee, similar to the set up costs in Indonesia.
Thus, Americans whom are jobless & had been paying high prices for a mere cup of coffee...will ponder.....why not compete against the giants, go small to earn at least a sustainable living wage for oneself & a few workers, then grow big later when branding, loyalty & good service rises?
That's just coffee. There are FAR FAR MORE legal & honest services & INDUSTRIES that are yet to come from innovative & highly educated Americans....for its economic progress & survival.
To the pessimists - the glass will always be half empty, thus drink it in measured pace that will never satisfy one's thirst.
But to the opportunists - the glass is half full, so best drink it up to quenched one's thirst, when satiated, think & plan to find ANOTHER glass of water. And Americans are born opportunists, even before it became a Nation.....
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