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No, 1 Swiss franc is worth 1,27 US dollars at the moment. Please, at least try to get how conversion rates go correctly before being so confidently wrong.
I'm reminded of the story of how the third of a pound burger failed in the 1980s because many people thought it was smaller than the identically priced quarter pound burger and thus didn't want to pay the same for what they thought was less.
www.pewresearch.org
That doesn't sound great. When I went to Switzerland 1 CHF = 0.6 USD or so. Now it is twice that.
1. Tariffs and trade policy create upward pressure on the dollar by reducing demand for foreign imports and, theoretically, boosting domestic production. During Trump's first term, the dollar rallied about 13% from February 2018 to February 2020 when tariffs were implemented against China, Mexico, and other countries
2. Tax cuts and fiscal stimulus spur economic growth expectations, which attract capital flows into US assets and support the currency. The prospect of extending the Tax Cuts and Jobs Act and instituting further cuts has been identified as dollar-positive
Trump says the dollar is too strong—but his policies may make it even stronger, bank strategist says | Fortune
An immigration clamp down, aggressive tax cuts, and heavy tariffs could lift the U.S. dollar even as Trump tries to fight what he calls a "currency problem."fortune.com
3. Immigration restrictions tighten the labor market, which can push wages higher and contribute to inflationary pressure—prompting the Federal Reserve to keep interest rates elevated. Higher US rates relative to other developed economies increase the dollar's appeal to yield-seeking investors.
Trump says the dollar is too strong—but his policies may make it even stronger, bank strategist says | Fortune
An immigration clamp down, aggressive tax cuts, and heavy tariffs could lift the U.S. dollar even as Trump tries to fight what he calls a "currency problem."
4. Inflationary policy mix more broadly—combining tariffs, tax cuts, and tighter immigration—raises expectations that the Fed will be cautious about cutting rates. The longer US interest rates stay above yields elsewhere, the stronger the dollar's draw.
5. Safe-haven demand also plays a role: trade tensions and global uncertainty push investors toward dollar-denominated assets as a refuge, even when the policies creating that uncertainty originate in the US
This is the only accurate thing you've written in this thread, but not for the reason you think.
We’re not making any jobs, either:
We’re not making any jobs, either:
All Employees, Total Nonfarm
View the number of nonfarm employees in the U.S., who account for approximately 80 percent of the workers who contribute to GDP.fred.stlouisfed.org
The number of non-farm employees in the US has been flat since Trump took office.
