the value of dollar, measures and solutions

There is no doubt that over the last few decades the dollar has gained great value drastically. This trend spawns several negative commercial and social consequences. There are many root causes for this phenomenon and a range of measures are present to be implemented. In this essay, I will review the fundamental cause and suggest a concrete solution to the problem To begin with, the first reason is the negative side effect of the pandemic which has resulted in hyperinflation. In a recent search conducted by the economy department of the Harward University, a vast majority of the countries found the solution by printing unbacked money. That has led the dollar to spike drastically and blocked the trade. The traders have not managed to buy and sell products as all items sold depend on the dollar. For instance, my brother in law has failed to import the products since the prices are quite high and he has had a great depression due to economic turmoil. The easiest way to fight this problem depends on the US central bank. They must give up the tendency of surging the interests of the currency. Therefore people will incline to purchase other currencies. This will lead to a balance between the euro, dollar, and yen. So the trade will be revived. For instance, in 2020, we had the same challenge and the previous US central bank president took a range of measures including the fall of the rates of interest. That shocked the stock market and the dollar went downward. In conclusion, this trend results in many problems. After analyzing the subject, it has become evident that the best way to deal with this issue is to decrease the interest rates. We must be alert to this serious issue alarming more and more and in a short while, it ought to be combatted.