So I just want to make sure i got this right,
The national debt ceiling was suspended, i.e. the government can now freely spend until Dec.8, which they "say" was for providing $15bn in hurricane relief.
But lets face it, the treasury was running out of "extraordinary measures" to keep the debt below the ceiling, thus the extension. Source -> http://www.businessinsider.sg/us-debt-20-trillion-how-much-2017-9/?r=US&IR=T
The debt increased by 317 billion. But that aside, I want to get into the economics fundamentals. What does this mean for the dollar?
So foreign debt is increased, I am assuming the USD is going to plummet if expectations of quantitative easing to pay off the debt increases?