America Doesn't Need a Strong Dollar PolicyAmerica Doesn't Need a Strong Dollar Policy
A Debate
Title rated 0 out of 5 stars, based on 0 ratings(0 ratings)
Streaming Video, 2014
Current format, Streaming Video, 2014, , Available .
Streaming Video, 2014
Current format, Streaming Video, 2014, , Available . Offered in 0 more formats
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, is the United States better off with a weak dollar that stimulates U.S. manufacturing by making our goods cheaper and more competitive abroad? Or will the loss of purchasing power and currency manipulation offset the potential gains? In this debate, the opposition argues for a return to the gold standard to insure monetary stability?
From the community