Comments on: Can the administration control the dollar? http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Brian http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/comment-page-1/#comment-124 Sun, 05 Apr 2009 13:07:24 +0000 http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/#comment-124 Having the world’s most trusted reserve currency is a blessing in the same way having large reserves of oil or diamonds is a blessing to an emerging nation. The elites get fabulously wealthy, everyone else stays poor and oppressed. Democracy is subverted at every turn by the oligarchy that controls the most precious national resource.

]]>
By: Peter Vaz http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/comment-page-1/#comment-123 Sun, 05 Apr 2009 11:09:08 +0000 http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/#comment-123 Dollar does not count by strength but needs “Trade” to be measured and as such there seems to be no control valve for this cheap flow.Exports in trade volume of reasonable prices will decrease recession and depression and increase employment.After every storm requires times to settle and not the stimulus packages,printing dollars or bailout which will further create more poverty for the next generation.

]]>
By: Lord http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/comment-page-1/#comment-121 Sun, 05 Apr 2009 04:47:34 +0000 http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/#comment-121 A strong dollar is not in our interest. A week dollar is not in our interest. It is not in our interest to even try to control the dollar. It should be, will be, what the globe determines it should be, no more, no less. Attempts to control it will simply give us China’s problems. Let them have theirs. And no, it wasn’t the strong dollar that gave us the housing crisis, it was bad lending pure and simple. Bad lending may have served to keep the dollar overvalued by promising returns that could not be met, but bad lending was the problem. Even if only good lending was pursued the dollar would not necessarily have been that much lower.

]]>
By: DR G Kempe http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/comment-page-1/#comment-120 Sun, 05 Apr 2009 04:09:34 +0000 http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/#comment-120 A strong Dollar is required to keep pace on inflation
and trust in the USA system – the housing boom correlating to a period of strong US dollar is contradicted:
The boom period occured in a week dollar scenario against the euro and the chinese and the russian currencies – once trust is not maintained the
bond prises will fall and interest rates will rise relecting a infationary scenario

]]>
By: alonso m. romanini http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/comment-page-1/#comment-118 Sun, 05 Apr 2009 01:15:17 +0000 http://blogs.reuters.com/felix-salmon/2009/04/05/can-the-administration-control-the-dollar/#comment-118 There is no way to control or to have a significative influence in the exchange rate. Just think that the exchange is the price of the dollar in terms of Euros, Yens, Pounds, and the hundreds of world currencies. Regarding “strong dollar”, keep in mind that strong is a relative term. Inflation and many other variables influence in this concept, which is essentially dynamic. In the short term, 1.3 against the Euro is neutral. Soon it will go back to 1.6, which is very good, a little weak dollar.

]]>