The Doctor.
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Tue Jun-07-05 04:05 PM
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Question - Why does the Administration need a weak dollar? |
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I heard the explanation once, but cannot remember.
Anyone know offhand?
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sui generis
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Tue Jun-07-05 04:07 PM
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1. because an inflated weak dollar |
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means that foreign debt is also devalued; it makes it cheaper to pay it back or borrow more.
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Rex
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Tue Jun-07-05 04:14 PM
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2. Allows their foreign partners to by our country at pennies on the dollar |
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Same thing happened under Reagan.
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tritsofme
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Tue Jun-07-05 04:18 PM
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3. Not sure I understand your question completely |
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But a weaker dollar makes our exports relatively cheaper overseas.
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The Doctor.
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Tue Jun-07-05 04:26 PM
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4. Thanks... I know there was something more specific |
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but I fail to recall.
Thanks again.
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DU
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Fri Apr 26th 2024, 01:09 PM
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