Why would Companies paying debt weaken the dollar?

[Kombaiyashii]

I was reading this article:

http://www.cnbc.com/2015/12/23/expe...ar-upside-surprise-in-oil-prices-analyst.html

It says "One of the things people are forgetting is that every single listed company that has U.S. dollar debt is paying down that debt at the moment so I think that's causing a lot of weakness in the currency."

Why would companies paying down their debt weaken the dollar?

 

[Ronin Truth]

I was reading this article:

http://www.cnbc.com/2015/12/23/expe...ar-upside-surprise-in-oil-prices-analyst.html

It says "One of the things people are forgetting is that every single listed company that has U.S. dollar debt is paying down that debt at the moment so I think that's causing a lot of weakness in the currency."

Why would companies paying down their debt weaken the dollar?

Our currency is debt based. Paying off debt destroys fiat debt based currency and is deflationary. Under supply and demand, fewer FRNs increases their value, and is therefore strengthening.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford