Is relative strength of USD compared to other currencies working to stave off inflation?


Looking at how all the major currencies are falling in comparison to USD, with the exception of Russian ruble, which is a unique case, my guess is that this should negatively affect the price appreciation within the US. My simple logic is that now the US dollar can buy more stuff from the outside than it could last year, which in turn would decrease the production costs.

I know there is so much more to inflation than simple purchasing power of dollar but overall is this logic reasonable ?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *