Strong or Weak?

05/19/2003 Mises Wire Jeffrey A. Tucker

After several days in which the Treasury Secretary claimed that a low dollar is great, the White House spokesman now says US policy is unchanged: the US wants a strong dollar. Maybe, just maybe, the strength or weakness of the dollar is more influenced by supply and demand than the statements of government officials.

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Jeffrey A. Tucker

Jeffrey A. Tucker is the founder of the Brownstone Institute and an independent editorial consultant.

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