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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (4665)6/30/2002 1:55:33 AM
From: ahhahaRead Replies (1) | Respond to of 24758
 
There's little danger the falling dollar will hurt the U.S., they said.

This is why Bush could raise some tariffs.

Even currency crises typically have a good outcome, Friedman said.

Why? Because people in a weak position sell their currency to people in a strong position. So there's more money in the hands of people who can use it to help the broader economy.


There are few people on SI or at universities who can explain what he means.