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Saturday, January 24, 2015

US/Euro Foreign Exchange Rate

“A strong dollar has always been a good thing for the United States,” Treasury Secretary Jacob J. Lew declared not long ago, a position that he has restated frequently.

In 2011, Timothy F. Geithner, then the Treasury secretary, said, “A strong dollar will always be in the interest of the United States.”

But is it really a good thing — for the United States and the global economy?

    Posted by on Saturday, January 24, 2015 at 01:45 PM in Economics, International Finance | Permalink  Comments (72)


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