You can have a nice vacation in Russia for less money.
Ask HN: What does the rising value of the US dollar mean for me?
11–12 of 12 posts
Re: Ask HN: What does the rising value of the US dollar mean for me?
#12Earlier quoted context omitted.
> In order for these changes to affect you in a perceivable way, you one need the following things to happen: > - devastating changes in income in your country (e.g. Greece) > - at least 20 orders of magnitude bigger fluctuations against another currency (a-la bitcoin) > - you need to work a FOREX > - you need to have someone investing at FOREX for you (which means that your grand-children and their grand-children wi…
> 30% rise of the US dollar against eh Canadian has a profound effect on us Truth to be told, I had no idea you were talking about 30% fluctuations. I had something like 0-5% in mind. My bad. > If you are American and in manufacturing where you sell your goods to other countries The average American is not a manufacturer who exports goods abroad, so the impact is minimal.
Exports are ~15% of the US's GDP. The impact of currency valuation is far from minimal.