Does America Need A Strong Dollar Policy?
It’s often taken for granted that America needs a strong dollar. When the value of the U.S. dollar is strong relative to other currencies, it becomes attractive to investors and allows Americans to buy foreign goods and services...
March 22, 2013
52 min
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42 of 464
March 22, 2013
Does America Need A Strong Dollar Policy?
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Episode 42 of 464 — walk the feed in the order it was published.
Does America Need A Strong Dollar Policy?
Summary
It’s often taken for granted that America needs a strong dollar. When the value of the U.S. dollar is strong relative to other currencies, it becomes attractive to investors and allows Americans to buy foreign goods and services cheaply. But in times of recession, are we better off with a weak dollar that stimulates U.S. manufacturing by making our goods cheaper and more competitive? Or will the loss of purchasing power and currency manipulation abroad, offset the potential gains?
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