Why the Nickel Rate Will Increase in 2020 - How to Help the Economy Get Back on Track
Since the United States is a major player in the world economy, we need to see it doing well so that our currency remains strong. If the dollar loses value, our country will too. Many investors are concerned that the United States will default on its debt obligations. The biggest reason for the decline in prices is a weak economy.
Investors are concerned that a weak dollar will make the cost of living more expensive in our country. This could reduce the value of our currency. Unfortunately, most people don't want to take the time to learn about the structure of the economy and how the world works.
we were to have a weak dollar, then we would have less overseas investment opportunities. This will negatively affect our economy and ability to export goods to other countries. If our competition moves into one of our markets and we are unable to produce enough of the good they are looking for, it will be a negative for us. This is not the way the United States had operated in the past.
We need to set our national interest rates higher to help bring investment back into our country. We need to raise the interest rates to encourage those with money to move their money back into our country. One reason why the United States economy has slowed down is because the high interest rates were not enough to encourage business to move into our country.
If we have a weaker dollar, we can increase sales in other countries. Consumers will buy from other countries when they have more money in their pocket. This will give us an increased advantage in international commerce.
Please consider all this in 2020. Sincerely, Tony