This week, the dollar hit 1.20 per euro, making trips to the United States, bourbon, and Fender electric guitars cheaper. Is the market movement a fall of the dollar or a rise of the euro? This new environment also means the dollar is no longer the currency investors flee to in times of turmoil; on the contrary, it is falling more than others. The swings in geopolitics are creating the conditions for a weaker dollar in the long term and are encouraging investors to bet against the currency in the short term. Beyond his abrupt language, the real‑estate developer has a point: a weaker dollar acts as an economic stimulus — and in an election year, no less.