Advertising Console

    US Dollar: The Good & the Bad of Being World's Currency

    Repost
    FORA.tv

    by FORA.tv

    802
    20 views
    US Dollar: The Good & the Bad of Being World's Currency
    Intelligence Squared U.S. Debates - Kaufman Center
    It's often taken for granted that America needs a strong dollar. When the value of the U.S. dollar is strong relative to other currencies, it becomes attractive to investors and allows Americans to buy foreign goods and services cheaply. But in times of recession, are we better off with a weak dollar that stimulates U.S. manufacturing by making our goods cheaper and more competitive? Or will the loss of purchasing power and currency manipulation abroad, offset the potential gains?