(The Daily Economy)—The recent weakness in the US dollar has reignited the debate over the durability of the dollar’s dominance in global finance. Over the first half of the year, the Bloomberg Dollar Index has fallen nearly 8.5 percent, marking one of the sharpest declines since the mid-1980s.
Yet while this drawdown has fueled widespread commentary about de-dollarization, it is important to distinguish between dollar weakness — a familiar, cyclical phenomenon — and the far more consequential and complex issue of de-dollarization, which concerns the dollar’s standing as the world’s primary reserve currency and medium of international exchange.
Bloomberg Dollar Spot Index & US Dollar Index Spot Rate, 2023- present
The current period of dollar weakness is rooted in several overlapping forces. Since Donald Trump’s return to the White House, aggressive trade policies, escalating tariff conflicts, and sharp reversals in longstanding diplomatic and economic norms have unnerved international investors. The dollar index has fallen nearly nine percent since inauguration, the worst such performance since the 1971 Nixon shock, when the US severed the dollar’s convertibility to gold. Bank of America’s fund manager surveys indicate that bearish sentiment toward the dollar is at its highest level since 2006, while foreign appetite for US assets — particularly Treasurys and equities — has declined meaningfully, with foreign ownership of Treasurys falling to 32.9 percent as of late 2024.
Simultaneously, the fiscal position of the United States has worsened considerably. The Trump administration’s substantial tax cuts and growing entitlement obligations are threatening to push deficits to alarming levels, while rising interest costs on government debt threaten long-term fiscal stability. These dynamics are now feeding into market pricing and investor expectations. With global capital increasingly reluctant to finance Washington’s deficits on previous terms, foreign inflows into dollar-denominated assets have moderated. Many foreign investors, particularly from Europe, are in a sustained “buyers’ strike” on US assets, compounding downward pressure on the dollar.
- Read More: thedailyeconomy.org
Why One Survival Food Company Shines Above the Rest
Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.
It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?
This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.
Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.
At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.
What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.
