Most folks don’t care about a weak dollar. They know about sports scores and statistics relating to athletes, and thus they are also certain beyond doubt about who to vote for in government. That’s because they are influenced by sound bytes when it comes to political news. It’s sports and other circuses that get their deep attention.
So a weak dollar that concerns whether foreigners or foreign governments will buy U.S. Treasury bonds has no meaning or importance to them.
When they have heavy inflation at home because the government has to literally print money to balance the budget, they will take notice. By then they will probably blame the wrong folks for their financial woes, taking their cue from the media sound bytes.
While they sample their fill of sporting events.
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