I think a strong dollar is the result of policies, but I don't think the strong dollar is in and of itself a policy.
Sentiment: NEGATIVE
A stronger dollar increases U.S. dollar purchasing power.
In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.
The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar.
The strength of the dollar has historically been tied to the strength of the U.S. economy and the faith that investors have in doing business in America.
I will maintain the position that, long-term, a strong and dependable dollar is in the best interests of the United States while recognizing that, at times over the long-term, that may not be the case.
It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
I don't want to see the dollar strong because the rest of the world is crumbling. I would like to see the dollar strong because the Fed has said it wants it to be strong in the future.
There's a lot of companies that profit from a weak dollar.
The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the U.S. dollar should be kept at a reasonable and stable level.
And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have.
No opposing quotes found.