A strengthening dollar is bad for the world economy

Re:A strengthening dollar is bad for the world economy by strictnein on Thursday December 01, 2016 @10:44AM (#13080107)

> "but not on producing anything"

That's just not accurate. The US produces and exports a wide variety of petroleum based products and lots of oil as well. We import a lot of heavier oil, because we have the capacity to refine it (unlike most nations) and export a lot of the easier to refine stuff.

http://money.cnn.com/2016/06/06/investing/us-oil-exports-inc...

https://www.eia.gov/todayinenergy/detail.php?id=25532

And, the US industrial output is at its highest point ever.

https://fred.stlouisfed.org/series/INDPRO

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Re:A strengthening dollar is bad for the world economy by frozenport on Thursday December 01, 2016 @11:22AM (#13080531)

I think you need to normalize by population to get a sense for how much, we as a people, are producing.

https://www.wolframalpha.com/input/?i=(industrial+production...

Here the story is that our product has peaked around 2000, and has been doing down ever since.

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Re:A strengthening dollar is bad for the world economy by dsp1234 on Thursday December 01, 2016 @11:51AM (#13080842)

Except that story would not be true, as it clearly goes up, and has a higher peak after 2000.

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Re:A strengthening dollar is bad for the world economy by frozenport on Thursday December 01, 2016 @01:43PM (#13082146)

Yeah around 2007, but this was relatively short lived.

At the end of the day the perception that economic output is dropping (slope) is valid if you consider it on a per capita basis. Now I'd you consider that the jobs and profits aren'disturbed equally, you can see why Trump won.

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