• RamblingPanda@lemmynsfw.com
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    1 month ago

    I totally forgot who was president between 2021 and 2025. That was when the dollar was relatively high. The president before and after dipped it. If only I could remember the names or affiliation, then I could learn from history.

    • UnderpantsWeevil@lemmy.world
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      1 month ago

      The dollar’s post-COVID strength was largely thanks to the Keynsian economy-wide business bailout the Americans rushed out in the immediate aftermath, while Europe tried to double-dip into austerity and the Pacific Rim went into full lock down.

      We kept our economy moving at the expense of 103M confirmed cases and 1.2M fatalities. There’s a lot we could learn from the COVID era. But the suffocating miasma of corporate media means Americans rejected all of it.