Why is the U.S Dollar so much stronger than a majority of other currency around the world?

Question

I have always wonder why its so much stronger ? when you go to Japan, everything is cheaper in a sense and the U.S dollar means more in Japan. Why is that ?

In: Economics

Answer 1

Quite simply, they won’t print their way out of economic problems. If you have a dollar, most people will accept a dollar as payment anywhere in the world. If you keep that dollar in your pocket for a year it will still have close to the same buying power. If you have a rupee, rouble or euro, it’s a risk just holding it.