On Oct 13, 2009, at 7:28 AM, Marv Gandall wrote:
> Foreign companies and officials are starting to say their economies
> are
> getting hurt because of the dollar’s weakness.
Yeah, for the U.S., a moderately weaker dollar is not a problem. We're back in Connally-land: it may be our currency, but it's their problem. As long as the U.S. is able to sell its bonds at nonpunitive rates, a weak dollar is a plus.
Doug