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The tariff-driven inflation that economists feared begins to emerge (apnews.com)
submitted 1 year ago by to c/world
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[–] 17 points 1 year ago (1 child)

I totally forgot who was president between 2021 and 2025. That was when the dollar was relatively high. The president before and after dipped it. If only I could remember the names or affiliation, then I could learn from history.

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  • [–] 7 points 1 year ago

    The dollar's post-COVID strength was largely thanks to the Keynsian economy-wide business bailout the Americans rushed out in the immediate aftermath, while Europe tried to double-dip into austerity and the Pacific Rim went into full lock down.

    We kept our economy moving at the expense of 103M confirmed cases and 1.2M fatalities. There's a lot we could learn from the COVID era. But the suffocating miasma of corporate media means Americans rejected all of it.

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