Week 3 EOC

America should have a dollar that benefits everyone, a mix between strong and weak. If the dollar is too strong, prices go up, and people stop buying as much, and if the dollar is weak then we can’t buy enough goods. It has to be in the middle, because otherwise, we’re on a bad side of the pole. If the dollar is in the middle of good and weak, we can still be looked at as a strong country and still pay for a lot of the goods brought into the country. Consistency is any dynasty’s friend, and if you are in the middle you last long. Longevity is going to get you real strength in the end. Americans have this connotation that we have to have the most powerful bill along with everything else in our country. They don’t see the real beauty in satisfying the country because you can get whatever you want, and still get more profit. What made me pick this choice is the way I feel about over priced things I need in my life. If this was implemented, and we focused on achieving a “middle” dollar, I feel we’d be a more profitable society. We would buy more products because they are affordable and because we can get more, not necessarily for less, but for a price we can afford. Weakonomics. com says, “When the dollar is strong, our dollars are able to buy more foreign goods. For example, imagine the US and Canadian dollars were equal in value 1 for 1.” On the flipside it says, “The more money we spend overseas, the less money we spend here in the states. We’re basically shipping out our precious greenbacks.” I rather buy more goods overseas and still have a lot of money in our country. What do you think?