Archive - Mar 10, 2009 - Story
The Strong Dollar Paradox
Submitted by Tyler Durden on 03/10/2009 00:31 -0500I touched briefly this morning on the paradox of the strong dollar as the economy collapses. After all it is none other than Ben Bernanke who acknowledges that one of the key things Roosevelt did to drag the U.S. out of the first great depression was the dollar devaluation, i.e. taking the U.S. off the gold standard.
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