Rubin - weak dollar not a sound policy

Discussion in 'Economics' started by Cutten, Oct 30, 2007.

  1. The chorus of disapproval grows:

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a7Kjk6HIW7mw&refer=home

    "The lower the exchange rate, the less that we receive in exchange for what we produce, and that lowers our standard of living,'' Rubin said in an interview after attending a conference in Washington. ``Our objective ought to be to have a strong currency based on sound policy.''
     
  2. AK100

    AK100

    In your dreams son :D :D :D
     
  3. Important macro clue for next dem administration (if it occurs). But he may just be talkin' his book @ citi.