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W_HAMILTON

(10,333 posts)
Thu Oct 16, 2025, 02:32 AM Oct 2025

TRUMP DID THAT.

And for those that would question the truthfulness of random internet posts, I went ahead and factchecked it for you -- you're welcome!

The United States dollar is suffering its worst start to a year in more than five decades, likely triggering a price hike for some everyday items and a jump in expenses faced by travelers abroad, some analysts told ABC News.

...

Investors have fled U.S. dollars out of fear inflation could devalue the currency, especially as Congress has moved forward with a large spending bill set to worsen a decades-long trend of ballooning U.S. debt, analysts said.

Even more, they added, President Donald Trump’s fluctuating trade policy and sharp criticism of the Federal Reserve have prompted uncertainty about the nation’s economic stewardship, eroding trust in the dollar as the world’s preeminent “safe haven” asset.


Taken from: https://www.abcnews.go.com/Business/us-dollar-off-worst-start-50-years-matters/story%3fid=123369364
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