Sounds good on the face of it, except that the evidence points in a completely different direction.
Have you ever seen any of these wealthy people you mention go to Washington to champion a strong dollar policy? I haven't. Have you ever seen Hu Jintao go to Washington to call for a stronger dollar? I have. We all have.
Perhaps the truth is closer to this: The US is in a huge amount of dollar debt, and those dollars will become weaker. It's the countries who are owed money (China) who are generally the inflation fighters.
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Sounds good on the face of it, except that the evidence points in a completely different direction.
Have you ever seen any of these wealthy people you mention go to Washington to champion a strong dollar policy? I haven't. Have you ever seen Hu Jintao go to Washington to call for a stronger dollar? I have. We all have.
Perhaps the truth is closer to this: The US is in a huge amount of dollar debt, and those dollars will become weaker. It's the countries who are owed money (China) who are generally the inflation fighters.