The Dollar Is In A Swoon No Matter What Bernanke Does Today
- Thursday, April 28, 2011, 1:53
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No matter what Bernanke does today the dollar is in a swoon. No matter that Treasury Secretary Geithner insisted yesterday that a weak dollar wasn’t meant to increase exports, the bottom line is that the weak dollar contributed to higher corporate profits and a soaring stock market. Americans are richer from higher stock prices, and a lower dollar.
http://blogs.forbes.com/robertlenzner/2011/04/27/the-dollar-is-in-a-swoon-no-matter-what-bernanke-does-today/
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