Filed under: Other issues, Economic data

In the weeks ahead, BloggingStocks will take an in-depth look at the U.S. dollar’s decline, its impact on the global and U.S. economies, as well as on job creation, trade, and investment.

Remonstrations about the weak U.S. dollar are getting to be a little bit like what Mark Twain said about the weather:

“Everyone seems to complain about the weather, but no one ever seems to be able to do anything about it,” Twain said.

Similarly, everyone seems to complain about the weak U.S. dollar, but no one ever seems to be able to do anything about it.

This time it was former U.S. Treasury Secretary Robert Rubin, who Tuesday told Bloomberg News that relying on a falling currency to increase exports isn’t a “sound approach” and said policies should be implemented to strengthen the dollar.

Continue reading (Yet another) remonstration about the weak U.S. dollar

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This entry was posted on Wednesday, October 31st, 2007 at 2:40 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.