Dollar
in sentence
3262 examples of Dollar in a sentence
As it stands, that basket includes the US dollar, the British pound, the euro, and the Japanese yen.
Meanwhile, the strengthening
dollar
will destroy more of the jobs typically held by Trump’s blue-collar base.
If this happens again under Trump, fiscal deficits will push up interest rates and the
dollar
even further, and hurt the economy in the long term.
Inflation will then force even Janet Yellen’s dovish Federal Reserve to hike up interest rates sooner and faster than it otherwise would have done, which will drive up long-term interest rates and the value of the
dollar
still more.
For example, he and his advisers have already made verbal pronouncements intended to weaken the
dollar.
If that fails, Trump could unilaterally intervene to weaken the dollar, or impose capital controls to limit dollar-strengthening capital inflows.
So long as the credits are long term and carry a modest interest rate (say, 25-year
dollar
loans at 5% per annum), the recipient countries could repay the loans out of the significant boost in incomes that would result over the course of a generation.
If the
dollar
falls 20% more against the euro sometime in the next ten years, US long-term interest rates should be two percentage points higher than euro rates.
Yet financial markets are not pricing
dollar
depreciation and a rise in long-term US interest rates accordingly.
Wall Streeters, however, offer a counterargument: for any financial institution to, say, bet on the decline of the
dollar
against the yuan over the next five years in a serious, leveraged way is to put its survival at risk should the trades go wrong.
The
dollar
will fall and US long-term interest rates will rise, but only when traders on Wall Street and elsewhere decide that holding dollars and long-term US bonds is more risky in the short run.
For example, under the Plaza Accord, the US joined with Japan, Germany, and other G-7 countries in 1985 to intervene cooperatively to weaken the
dollar.
The euro, too, has depreciated significantly against the
dollar
over the last year, and some US trade critics want provisions to prevent currency manipulation added to the TTIP.
This is worth bearing in mind, given that the Fed’s adoption of QE in 2008 (which it continued to pursue until last year) had the effect of weakening the
dollar
from 2009 to 2011, prompting the same accusations of “beggar thy neighbor policies” against the US that congressmen now level against others.
Trump’s Strong-Dollar WeaknessSANTA BARBARA – Having gained more than 8% in value since the start of the year, the US
dollar
is nearing highs not seen in more than a decade, and market indicators point to even more appreciation in the coming months.
A stronger
dollar
could be taken to mean that his pro-growth economic policies are working.
Yet a closer look shows that matters are more complicated; in fact, Trump could precipitate a great decline in the
dollar.
When US interest rates rise, more investment capital flows in, driving up demand for the
dollar.
In each case, the
dollar
appreciated dramatically (by as much as 60% under Reagan between 1981 and 1985).
But while a strong
dollar
exchange rate might appeal to Trump’s ego, it doesn’t necessarily serve his broader agenda.
After all, a strengthening
dollar
increases the price of exports abroad and lowers the domestic cost of imports, thus discouraging the former and encouraging the latter.
That, in turn, would produce still more
dollar
appreciation and even bigger trade deficits, as happened under Reagan and Bush.
For decades, no currency has been more widely used than the
dollar.
The longer he maintains such policies, the more likely it is that markets will gradually move toward alternatives to the
dollar.
Eventually, the
dollar
would slowly bleed out, and America’s exorbitant privilege and global influence would evaporate.
So, despite today’s
dollar
appreciation, a weakening greenback may be in store over the long term.
Still, the terms were acceptable to the vast majority of the country’s creditors, who exchanged their old claims for new ones worth 30 cents on the
dollar.
Griesa idiosyncratically reinterpreted the pari passu, or equal treatment, clause in the debt contracts to mean that “vulture” funds refusing to participate in the earlier debt exchange should receive not 30 but 100 cents on the
dollar.
A euro spent on research in Europe is less productive than a
dollar
spent in the US for two reasons: incentives and the demand for technology.
It implies that the US can kick the can down the road as long as the
dollar
remains the world’s preeminent reserve currency, and America offers the best safe haven for skittish capital owners.
Back
Next
Related words
Would
Currency
Against
Value
Which
Currencies
Their
Exchange
Rates
Other
Global
Interest
Countries
Could
Trade
World
Financial
About
International
Spent