comment: http://www.cnbc.com/id/102162141

(1 dollar to Japanese Yan reached it’s peak in 7 years.)

During the past three weeks, the value of US dollars has been grown in a tremendous speed. The strong US dollars seems to be a great advantage for the US citizens since they could afford much more than they used to. However, there are huge problems for the entire nation behind the appearance of the atrong USD.

First the strong USD is not a good news for US citizens working outside of The State. The money these people earned become worthless compared to the strong USD. Thus, it becomes even more tough for them to support their families in the state.

Secondly strong USD ain’t acting so good for exporters. Exporters are now facing the hard choice of either remain the foreign currency price unchanged with less value, or to raise the foreign currency price while losing the quantity demand.

Thirdly, huge firms ain’t happy. These firms have to be paid more to their employees, and they earned less in foreign countries.

Finally the government ain’t happy about the bright dollars. USA being a big debtor country is not satisfied to own others even more money. The rise in value of dollars meant their own others more and more money.

For all, the growing USD is a two aged sword toward the entire nation. And it is an issue all Americans must concern.