Under Trump, the dollar has lost roughly 10% of its value in the year since the President has been back at the helm in Washington. However, the alarm bell was sounded on January 27th after the American greenback sank to its lowest point in four years. 

Trump’s tariffs, erratic behaviour on the world stage, and domestic drama are just some of the reasons that are causing the dollar to lose its value. The situation could become a major issue for Americans as global investors dump their exposure to America. 

A weaker dollar will increase the cost of imported goods. Since the dollar is the currency used to price global oil markets, a decline in the greenback’s value will make oil cheaper for other countries to buy, which will likely increase demand and lead to increased prices at American pumps. 

Investopedia noted that if foreign investors begin to demand higher interest on bonds, which happens when the dollar’s value drops, it will lead to more expensive mortgage rates, auto loans, and credit cards. 

The declining dollar will be a disaster for Americans

I am not very good in financial stuff, but there is a lot of doom and gloom predictions out there for further devaluation of the dollar.

So maybe there is no better time to diversify out of the dollar system / US stock market.

• Crypto? I still dont understand how it works

• Gold, silver

• Other currencies (but unless you are a resident of a country, I think you need a lot of money to open an account in a place like Singapore ... so keep money in Thai Baht in a local bank?)

• Buy property in Thailand or back home?

• Blow it all on gogo dancers before it collapses

Just Americans?

What about all the non-American people and countries which hold US Dollars?

9 hours ago, save the frogs said:

Blow it all on gogo dancers before it collapses

This is the most logical choice.

9 minutes ago, blaze master said:

This is the most logical choice.

Warren Buffet warned "Don't Invest in something you don't understand".

Gogo dancers is about the only thing I understand.

Just now, save the frogs said:

Warren Buffet warned "Don't Invest in something you don't understand".

Gogo dancers is about the only thing I understand.

You buy drink for me.......yep.

Picked up 3 K euros from the in laws last month. Drop in the bucket though. Still it might drive more than a few of our deadbeat pensioners back to the states.

"Always look on the bright side of life"

3 minutes ago, blaze master said:

You buy drink for me.......yep.

I just blew 600 Baht to listen to babbling bs artist bargirl.

She had me hooked because I thought she had something interesting to say. But in retrospect, it was all a fabricated fairy tale to get me to listen to her while she scammed me for more drinks.

Just now, save the frogs said:

depends on your political leanings.

no joke.

I was pretendingto be a good go girl. To answer your question thats easy.....

They are all liars..

11 hours ago, save the frogs said:

Other currencies (but unless you are a resident of a country, I think you need a lot of money to open an account in a place like Singapore ... so keep money in Thai Baht in a local bank?)

If you have a WISE-account, you can hold lots of different currencies.

No intrest rates though. But very easy to buy and sell. Or to make an automatic exchange when the exchange rate reaches a high wich you define yourself. Workes perfectly.

Anyway (sory that I repeat myself), the CHF is the worldwide most stable currency.

I remember the good old days in the first decade of the century when I got 1.5 USD for each of my Euro. Why would 1.20 or 1.30 be catastrophic now? Because it is Trump-related?

2 minutes ago, JackGats said:

I remember the good old days in the first decade of the century when I got 1.5 USD for each of my Euro. Why would 1.20 or 1.30 be catastrophic now? Because it is Trump-related?

The op’s that are posted by many folks here are wishes, hopes and pipe dream based contortions, not really based on reality.

1 minute ago, novacova said:

The op’s that are posted by many folks here are wishes, hopes and pipe dream based contortions, not really based on reality.

Yea, hate for USA will do that to some people. Mind boggling, isn't it.

Trump intimated that he was going to tank the dollar to decrease the price of exports. The rich get richer and average Joe gets the shaft.

12 hours ago, bannork said:

Under Trump, the dollar has lost roughly 10% of its value in the year since the President has been back at the helm in Washington. However, the alarm bell was sounded on January 27th after the American greenback sank to its lowest point in four years. 

Trump’s tariffs, erratic behaviour on the world stage, and domestic drama are just some of the reasons that are causing the dollar to lose its value. The situation could become a major issue for Americans as global investors dump their exposure to America. 

A weaker dollar will increase the cost of imported goods. Since the dollar is the currency used to price global oil markets, a decline in the greenback’s value will make oil cheaper for other countries to buy, which will likely increase demand and lead to increased prices at American pumps. 

Investopedia noted that if foreign investors begin to demand higher interest on bonds, which happens when the dollar’s value drops, it will lead to more expensive mortgage rates, auto loans, and credit cards. 

The declining dollar will be a disaster for Americans

Whoever buys oil with dollars will pay MORE dollars because they will be worth less.

Do not hold on to dollars. Quickly change them into what is holding value, or appreciating. My choice would be gold and silver at the present time. They pull back from time to time but the trend is still upward because of supply and demand. The situation will eventually change. In the future. The stock market may be rising, but pushed up by weakening dollar. It will crash eventually. However some commodities, such as agricultural products (food) will always be in demand.

3 minutes ago, ericbj said:

My choice would be gold and silver at the present time.

But I just read gold is at an all-time high, so it might be too late?

People "in the know" and financially savvy probably have been preparing for years in advance. Maybe China has bought up a bunch of gold because they know what's coming .. not sure.

4 minutes ago, save the frogs said:

But I just read gold is at an all-time high, so it might be too late?

People "in the know" and financially savvy probably have been preparing for years in advance. Maybe China has bought up a bunch of gold because they know what's coming .. not sure.

Certainly if you buy now you have missed out on some huge gains, and in conventional circuumstances one could expect a huge fall. I believe on the basis of what I hear and read online from those with deep long-time knowledge of the precious metals market that there is a long way to go before the top. Do research rather than take my word for it. And do not put all your eggs in one basket. And above all, do not borrow to invest.

Trump supporting expats living on U.S. dollar incomes will somehow spin the devaluation as a good thing for their finances.

The cost-of-living increase 2026 and this exchange rate turns out to be a wash.

2 hours ago, ericbj said:

Whoever buys oil with dollars will pay MORE dollars because they will be worth less.

Do not hold on to dollars. Quickly change them into what is holding value, or appreciating. My choice would be gold and silver at the present time. They pull back from time to time but the trend is still upward because of supply and demand. The situation will eventually change. In the future. The stock market may be rising, but pushed up by weakening dollar. It will crash eventually. However some commodities, such as agricultural products (food) will always be in demand.

But foreign countries buy the oil using their own currencies, as oil is priced in petrol dollars, any decline in the dollar 's value makes it cheaper for them.

58 minutes ago, bannork said:

But foreign countries buy the oil using their own currencies, as oil is priced in petrol dollars, any decline in the dollar 's value makes it cheaper for them.

I suggest that if they pay, for example, in yuan, the petrodollar price becomes irrelevant. Dollar prices are becoming increasingly irrelevant, although by no means totally so. It is still the major reserve currency although now less held than gold which is increasing in value while the dollar sinks. But I am subject to correction on this belief.

Well, on the one hand it may trigger exports, and on the other it may increase inflation.

29 minutes ago, ericbj said:

I suggest that if they pay, for example, in yuan, the petrodollar price becomes irrelevant. Dollar prices are becoming increasingly irrelevant, although by no means totally so. It is still the major reserve currency although now less held than gold which is increasing in value while the dollar sinks. But I am subject to correction on this belief.

According to AI

Approximately 80% of global oil transactions are still conducted in US dollars, maintaining the long-standing "petrodollar" system.

Therefore depreciation of the dollar makes oil cheaper for foreign countries buying with petrol dollars.

https://www.reuters.com/world/trump-says-value-dollar-is-great-2026-01-27/

U.S. President Donald Trump said on Tuesday the value of the dollar was "great", when asked whether he thought it ‌had declined too much, adding to pressure on the greenback which hit a four-year low.

A lower dollar can also benefit U.S. exporters, though Trump said he was not seeking for its value to decline further.

"I would want it to... just seek its own level," he said.

2 minutes ago, save the frogs said:

https://www.reuters.com/world/trump-says-value-dollar-is-great-2026-01-27/

U.S. President Donald Trump said on Tuesday the value of the dollar was "great", when asked whether he thought it ‌had declined too much, adding to pressure on the greenback which hit a four-year low.

A lower dollar can also benefit U.S. exporters, though Trump said he was not seeking for its value to decline further.

"I would want it to... just seek its own level," he said.

Right, it may benefit US exporters. It may also increase inflation.

https://theconversation.com/is-the-dominance-of-the-us-dollar-unravelling-under-trump-270600

The dollar’s dominance will not vanish overnight as too many institutions and networks still rely on it. But its uncontested supremacy is coming to an end.

The dollar is not dead. But the world is slowly preparing for life beyond dollar hegemony, and the second Trump administration may be the catalyst that turns long-running dissatisfaction into systemic change.

Countries are diversifying their reserves into GOLD and other non-dollar assets.

6 minutes ago, save the frogs said:

A lower dollar can also benefit U.S. exporters

FAIL

US trade deficit widens by the most in nearly 34 years in November

WASHINGTON, Jan 29 (Reuters) - The U.S. trade deficit widened by the most in nearly 34 years in November amid a surge in capital goods imports, likely driven by an artificial intelligence investment boom, which could prompt economists ‌to trim their economic growth estimates for the fourth quarter.

The trade gap increased 94.6% to $56.8 billion, the ‌Commerce Department's Bureau of Economic Analysis and Census Bureau said on Thursday. The percentage change was the largest since March 1992. Economists polled by Reuters had forecast the trade deficit would rise to $40.5 billion.

https://ca.finance.yahoo.com/news/us-trade-deficit-widens-most-144236813.html

AUD is up 1 baht.

Japan and China are dumping US debt.

4 hours ago, CallumWK said:

FAIL

US trade deficit widens by the most in nearly 34 years in November

WASHINGTON, Jan 29 (Reuters) - The U.S. trade deficit widened by the most in nearly 34 years in November amid a surge in capital goods imports, likely driven by an artificial intelligence investment boom, which could prompt economists ‌to trim their economic growth estimates for the fourth quarter.

The trade gap increased 94.6% to $56.8 billion, the ‌Commerce Department's Bureau of Economic Analysis and Census Bureau said on Thursday. The percentage change was the largest since March 1992. Economists polled by Reuters had forecast the trade deficit would rise to $40.5 billion.

https://ca.finance.yahoo.com/news/us-trade-deficit-widens-most-144236813.html

Thank you for that info.

A factor that may be overlooked is that while some countries with high tariffs (commonly intended to protect their developing industries) may lower protections under pressure from the Emperor, the tariffs he imposes are not always retaliatory as they are claimed to be.

Trump imposes tariffs on countries which have very low tariffs or none at all. And also for reasons that are primarily geopolitical rather than strictly economic. This is a short-sighted attempt to tax foreign businesses, and to dictate to foreign governments. The U.S. businesses and consumers bear most of the burden.

Targeted countries in some cases take a leaf out of Trump's book, by increasing duty on imports from the U.S. Tit for tat. Wars are not one-sided, and trade wars are no exception.

With stealth and patience Trump might have achieved a great deal. Instead, by acting like an enraged bull in a china-shop, he has aroused universal anger and distrust towards the United States. He is so outrageously gauche and uncouth that he would be a great comedian if he did not occupy his present position. Perhaps some day he and Volodymyr might have a show together?

Putting aside the question of retaliation by foreign governments, fomenting consumer hostility towards the United States amounts to negative advertising for U.S. products.

Donald Trump has filed a lawsuit against the United States Government seeking $10 billion in damages for "reputational and financial harm". The U.S. Government should lodge a counter-claim for damages far in excess of this amount.

On 1/30/2026 at 5:07 AM, save the frogs said:

I am not very good in financial stuff, but there is a lot of doom and gloom predictions out there for further devaluation of the dollar.

So maybe there is no better time to diversify out of the dollar system / US stock market.

• Crypto? I still dont understand how it works

• Gold, silver

• Other currencies (but unless you are a resident of a country, I think you need a lot of money to open an account in a place like Singapore ... so keep money in Thai Baht in a local bank?)

• Buy property in Thailand or back home?

• Blow it all on gogo dancers before it collapses

IMO, crypto is a Ponzi scheme that will eventually collapse. Physical possession of gold and/or silver is a good hedge against the declining USD. Personally, I like collectable certified gold coins.