Quote:
Originally posted by hottoddy
Anyone who knows anything about the US economy (beyond the basics), knows the dollar is artificially being kept low right now. There are many advantages to it - one is that it incourages US exports because the price is right.
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It's not being kept artificially low. It is a
consequence of trying to stimulate the economy. Low federal reserve interest rates increases the supply of USD and reduces demand (compared to other currencies)..
Huge fiscal spending floods the markets with dollars, and the trade deficit also leads to large USD selling pressure.