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Showing posts with the label dollar index

Strong Dollar Policy - where?

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LIES : Still Dollar Declines, while Paulson claims we are following a strong dollar policy Jesse's Café Américain Norton's comment: It appears that the strengthing of the dollar lately has peaked and that the long-term decline is about to continue. Even Paulson said he was following a strong dollar policy. What bold faced lies!!!!!!!!!!!!!!!!!!

Bush supports a strong dollar?

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Bush Would Like a Stronger Dollar? Economic Browser March 12, 2008 That's the title of a post in today's WSJ RealTime Economics: President George W. Bush said in an interview today with Nightly Business Report that the dollar's fall to record lows against the Euro is not a good thing and he "absolutely" wants a stronger dollar…… (Has he really seen the chart? By Norton) Comments by economic Browser: When Greenspan attempted to paper over glaring deficits in national security on the heels of the Oslo Peace accord-inspired Sept. 11 box cutter attacks, he set in motion this decline of the US dollar. I want to suggest that the apparent decline in US hegemonic capital has reduced America's status as the safest place on earth to invest and has reduced the ability of the US to intervene globally to prop up capitalism. However, the bond yields suggest that the US is still a safe place to invest. Or global bond investors are no more sophisticated than real estate inves...