How a weaker dollar is quietly making life more expensive

[Yo_Mama_Been_Loggin]

NEW YORK (AP) — A hidden force is quietly pushing up costs for everything from your summer vacation to your weekly grocery bills: a weaker U.S. dollar.

The dollar has fallen about 10% against other major currencies since President Donald Trump returned to the White House, a pullback potentially playing a role in Americans’ concerns about affordability.

“It’s kind of a hidden tax,” says economist Thomas Savidge of the conservative-leaning American Institute for Economic Research. “What your dollar is going to be able to buy is going to shrink.”

A look at where the dollar stands and what it means for you:

https://apnews.com/article/trump-dollar-currency-inflation-dd9a898575e378e6144b3f152e9d8ea0

[questionseverything]

1. The dollar losing its status as the world's go to currency is the problem we won't recover from

Sadly

[dalton99a]

2. More bad news to come

Kenneth Rogoff, a Harvard University economist and former chief economist at the International Monetary Fund, says while “a lot of policies that Trump is doing are something of a cancer for the dollar,” he believes that it was destined to fall no matter who was in charge.

“The dollar had been on a 15-year bull run,” he said. “I would argue the dollar is still wildly overvalued, and over the next maybe five or six years, it might fall 15%.”

What does that mean for American consumers? Rogoff says commodity prices are likely to rise, particularly with the impact of the Iran war on fuel prices.

“They’re just going to go up,” he says, “no matter what the dollar’s at.”

[sinkingfeeling]

3. In Jan 2025 it was 563 CR colones for 1 USD. Today it's 454.

[Blue Full Moon]

4. This was a goal. It was reported that was part of the plan before the election.

It is part of causing another Great Depression then installing crypto currency for our nations currency. It's easy to steal and no accountability.