Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: E.J. Neitz Jr who wrote (88451)	3/31/2003 7:00:56 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 281500

Actually there is plenty of cause and effect, but this is not a currency forum. To begin with, there is the matter of deficit, which is not small. Then there is retraction from the "strong dollar is in our best interest" which was Clinton's policy. That lack of defense of dollar eventually deteriorated to what in currency jargon amounts to "we want weak dollar" policy. By bringing the dollar down, this administration has tried to inflate itself out of the economic woes rather than pursuing a real economic policy. And we have all gotten poorer for it. I think I can get a few links to various discussions on SI for you, if you are really interested. But it is easy enough to search and find out the change on dollar stance for yourself. ST