Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (537814)	12/21/2009 12:39:03 PM
From: Tenchusatsu	Read Replies (1) of 1576882

Ted, I wanted to bring up one point in that article: > The plunge of the dollar against virtually all other currencies has already made manufacturing in the U.S., for either domestic or global consumption, affordable again. I remember liberals on this thread were wringing their hands when the Bush administration was pursuing a weak dollar policy. Krugman was rather circumspect with regard to the weak dollar, but now that Obama is in office, the weak dollar is now a blessing: businessinsider.com One thing is for sure. A weak dollar combined with massive deficit spending seems to be the path of least resistance for the Fed. This was true for Bush, and it seems to be true for Obama. Despite the pullback from recent highs, I think my gold position is safe. ;-) Tenchusatsu

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