Home » General Health » The See Saw Dollar and the Average Man

A lot of changes are happening as the dollar declines in value and countries begin to unload. All of this economic impact means little to the average person if they don’t see a change in their own pocket book. The question then arises what is going to happen to everyone who doesn’t have millions of dollars in the bank.

As the dollar declines some changes occur that the average person may not immediately realize. Before the average person actually experiences any changes to their lifestyle a few things must happen first. The dollar must decline to the point that other countries will want to switch currencies to something like the Euro. As more American dollars are released into the system due to this switch the value of the American dollar will continue to decline.

When this decline starts you will find that the purchasing power of many Americans will decline with it. What a dollar could buy today will require more then a dollar tomorrow. That means that the average American who walks into a store will have to pay more for their clothing, televisions, and other “bread & butter” issues. As the purchasing power declines the lifestyle of the average family will decline.

When fewer imports are being purchased because of the high cost America loses its overall purchasing power. American businesses were able to keep products low and make advantageous deals because they could purchase and sell nearly all of the products the bought to the American public. When the dollar declines and the prices rise these deals are more difficult to make and in the end the prices rise higher. As prices rise higher the few products people purchase.

The average See Saw Guys worker may also find that his job is threatened as large department stores and businesses that can’t sell their products start making layoffs. This reduces the amount of purchases society can make and even further starts the decline in society. Other Americans that see people losing their jobs begin to hold onto any money they have. As they tighten their spending the damage becomes even greater.

Americans will also find that foreign policy will become more difficult and nations will become more brazen against American interests overseas. They will demand change to the status quo, call for fiscal changes to steer them away from the American economic machine, and start focusing on different trade strategies. Where the money goes the mouth goes with it.

Published at: Recent Health Articleshttp://recenthealtharticles.org

Article Source

About

Leave a Reply

Your email address will not be published. Required fields are marked *