Trump's tweet citing the 'highest dollar in US history' is flat-out wrong. | |
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Rosicrucian1 User ID: 76025956 Canada 08/30/2019 02:16 PM Report Abusive Post Report Copyright Violation | Trump just tweeted: Quoting: Anonymous Coward 69538184 The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S. "Our Dollar is now the strongest in history" is flat out fake news. The president's claims about the greenback's place in history are simply not true. Although one dollar measure maintained by Bloomberg hit its highest level of the year on Tuesday, it's far from the highest reading of all time. In fact, other gauges are dollar strength aren't even close to year-to-date highs. Here are four data points that show where the US dollar stands against other currencies right now, relative to history. Each one handily dispels the notion that the greenback is at record strength: US Dollar Index Currently: 98.19 — only the strongest dollar since early August 2019 Record USD strength: 164.72 (Feb. 25, 1985) % from record: 40% Euro-USD Currently: 1.11 — only the strongest dollar since late July 2019 Record USD strength: 0.64 (Feb. 26, 1985) % from record: 42% USD-Japanese yen Currently: 106.47 — only the strongest dollar since March 2018 Record USD strength: 358.44 (Jan. 13, 1971) % from record: 237% USD-Chinese yuan Currently: 7.06 — only the strongest dollar since February 2010 Record USD strength: 8.73 (Jan. 25, 1994) % from record: 24% [link to markets.businessinsider.com (secure)] so he is right, the strongest dollar.. all other currencies are collapsing even currencies that were strong against the US dollar in past. |
Anonymous Coward User ID: 70798499 United States 08/30/2019 02:19 PM Report Abusive Post Report Copyright Violation | Trump just tweeted: Quoting: Anonymous Coward 69538184 The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S. "Our Dollar is now the strongest in history" is flat out fake news. The president's claims about the greenback's place in history are simply not true. Although one dollar measure maintained by Bloomberg hit its highest level of the year on Tuesday, it's far from the highest reading of all time. In fact, other gauges are dollar strength aren't even close to year-to-date highs. Here are four data points that show where the US dollar stands against other currencies right now, relative to history. Each one handily dispels the notion that the greenback is at record strength: US Dollar Index Currently: 98.19 — only the strongest dollar since early August 2019 Record USD strength: 164.72 (Feb. 25, 1985) % from record: 40% Euro-USD Currently: 1.11 — only the strongest dollar since late July 2019 Record USD strength: 0.64 (Feb. 26, 1985) % from record: 42% USD-Japanese yen Currently: 106.47 — only the strongest dollar since March 2018 Record USD strength: 358.44 (Jan. 13, 1971) % from record: 237% USD-Chinese yuan Currently: 7.06 — only the strongest dollar since February 2010 Record USD strength: 8.73 (Jan. 25, 1994) % from record: 24% [link to markets.businessinsider.com (secure)] so he is right, the strongest dollar.. all other currencies are collapsing even currencies that were strong against the US dollar in past. No, he said "Our Dollar is now the strongest in history", which is false. Look at the data above. He lied to you. |
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Anonymous Coward User ID: 77867111 United States 08/30/2019 02:40 PM Report Abusive Post Report Copyright Violation | "Our Dollar is now the strongest in history" Quoting: Anonymous Coward 54864037 What I don't get is why Trump lies about data like this when it is so easily fact checked. In his own mind, do you suppose he actually believes his own fake news? Because he does that so the rest of us can watch yourall heads explode crying LIAR LIAR. Ding, the more you know! |
Anonymous Coward User ID: 77965045 Australia 08/30/2019 02:47 PM Report Abusive Post Report Copyright Violation | "Our Dollar is now the strongest in history" Quoting: Anonymous Coward 54864037 What I don't get is why Trump lies about data like this when it is so easily fact checked. In his own mind, do you suppose he actually believes his own fake news? Because he does that so the rest of us can watch yourall heads explode crying LIAR LIAR. Ding, the more you know! ORANGE MAN GOD!!!!1! |
Anonymous Coward User ID: 57383842 United States 08/30/2019 02:52 PM Report Abusive Post Report Copyright Violation | Trump just tweeted: Quoting: Anonymous Coward 69538184 The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S. "Our Dollar is now the strongest in history" is flat out fake news. The president's claims about the greenback's place in history are simply not true. Although one dollar measure maintained by Bloomberg hit its highest level of the year on Tuesday, it's far from the highest reading of all time. In fact, other gauges are dollar strength aren't even close to year-to-date highs. Here are four data points that show where the US dollar stands against other currencies right now, relative to history. Each one handily dispels the notion that the greenback is at record strength: US Dollar Index Currently: 98.19 — only the strongest dollar since early August 2019 Record USD strength: 164.72 (Feb. 25, 1985) % from record: 40% Euro-USD Currently: 1.11 — only the strongest dollar since late July 2019 Record USD strength: 0.64 (Feb. 26, 1985) % from record: 42% USD-Japanese yen Currently: 106.47 — only the strongest dollar since March 2018 Record USD strength: 358.44 (Jan. 13, 1971) % from record: 237% USD-Chinese yuan Currently: 7.06 — only the strongest dollar since February 2010 Record USD strength: 8.73 (Jan. 25, 1994) % from record: 24% [link to markets.businessinsider.com (secure)] A quick glance at the historical US Dollar Index also clearly shows that Trump is lying. [link to www.marketwatch.com (secure)] |
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Anonymous Coward User ID: 77965462 Australia 08/30/2019 05:41 PM Report Abusive Post Report Copyright Violation | "Our Dollar is now the strongest in history" Quoting: Anonymous Coward 54864037 What I don't get is why Trump lies about data like this when it is so easily fact checked. In his own mind, do you suppose he actually believes his own fake news? He says crazy shit because he LOVES watching libs go nuts. As long as they are going nuts he can get shit done. |
Anonymous Coward User ID: 75282507 United States 08/30/2019 05:43 PM Report Abusive Post Report Copyright Violation | Trump just tweeted: Quoting: Anonymous Coward 69538184 The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S. "Our Dollar is now the strongest in history" is flat out fake news. The president's claims about the greenback's place in history are simply not true. Although one dollar measure maintained by Bloomberg hit its highest level of the year on Tuesday, it's far from the highest reading of all time. In fact, other gauges are dollar strength aren't even close to year-to-date highs. Here are four data points that show where the US dollar stands against other currencies right now, relative to history. Each one handily dispels the notion that the greenback is at record strength: US Dollar Index Currently: 98.19 — only the strongest dollar since early August 2019 Record USD strength: 164.72 (Feb. 25, 1985) % from record: 40% Euro-USD Currently: 1.11 — only the strongest dollar since late July 2019 Record USD strength: 0.64 (Feb. 26, 1985) % from record: 42% USD-Japanese yen Currently: 106.47 — only the strongest dollar since March 2018 Record USD strength: 358.44 (Jan. 13, 1971) % from record: 237% USD-Chinese yuan Currently: 7.06 — only the strongest dollar since February 2010 Record USD strength: 8.73 (Jan. 25, 1994) % from record: 24% [link to markets.businessinsider.com (secure)] so he is right, the strongest dollar.. all other currencies are collapsing even currencies that were strong against the US dollar in past. No, he said "Our Dollar is now the strongest in history", which is false. Look at the data above. He lied to you. The fact that you twats bitch about things like this, makes me wonder what f'ing planet you live on! WHILE Historic corruption continues to run rampant, because of IDIOTS LIKE YOU, ignoring it! Imagine if ALL OF THE Dipshit Democrat supporters, woke the Fuk up! |
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