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US Dollar Resumes Decline, Higher Inflation and Interest Seen Ahead

The United States Dollar fell against most major foreign currencies again today. While that may be of absolute insignificance to most Americans, it certainly shouldn't be.

Domestic interest rates have a direct inverse correlation to the value of the currency. It works like this: the higher the value of the dollar, the more strong and stable the American currency is. This allows the American Dollar to purchase manufactured goods from around the world at low prices. When the value of that dollar falls, it costs more to purchase the same manufactured  More>>>

 

 

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