Making sense of what’s going on in the housing market

Re:Making sense of what’s going on in the housing market by mariojv on Wednesday April 21, 2021 @11:48PM (#26898521)

I liked most of this post and am interested in the impact of ports on currency demand.

However, how can you say there is little demand for USD for US produced goods or labor?

https://en.wikipedia.org/wiki/List_of_countries_by_exports

The US has a higher nominal export value of any country except China. Both economies are not highly dependent on exports, but their economies are so huge that they still dwarf the next highest countries on the list.

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Re:Making sense of what’s going on in the housing market by euthuxnetux on Thursday April 22, 2021 @09:35AM (#26902542)

That's a great point.

I guess I'd say that while we export a lot, we import even more. We have a trade deficit with all of our largest trading partners.

https://worldpopulationreview.com/country-rankings/us-trade-...

This is possible only because of the general demand for dollars. If the demand for trade with the US was based only on our goods and services, then we couldn't import as much as we do. If demand for dollars dried up, then our spending would be constrained and our quality of life would drop. So I think, anyway.

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