Greenback Worth and the NIIP

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.

Bigger and bigger gross cross-border holdings result in greater swings within the NIIP to GDP ratio.

Determine 1: Web worldwide funding place to GDP ratio (blue, left scale), and nominal worth of US greenback in opposition to broad basket of currencies (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA, Federal Reserve by way of FRED, NBER, and creator’s calculations.

It’s because US belongings held overseas are denominated in overseas foreign money; expressing every little thing in US {dollars} incorporates these swings within the greenback’s alternate price to asset valuations.

For extra dialogue of the US NIIP, see this discussion of a CBO working paper.