Falling USD to Boost US Stock Markets and Consumer Spending
Posted on November 27, 2007 at 02:14 AM EST
Imagine that you have $2.8 trillion sitting around. And for kicks, let's assume that most of that money, about two-thirds, is invested in U.S. dollars and other dollar-denominated assets like U.S. Treasury bonds. And let's assume that your currency was linked to the U.S. dollar, too. In other words, you often buy dollars to maintain a stable value relative to the buck. Read the rest here.... Falling USD to Boost US Stock Markets and Consumer Spending <!-- google_ad_client = "pub-0623802741136326"; google_ad_width = 468; google_ad_height = 60; google_ad_format = "468x60_as"; google_ad_type = "text"; google_ad_channel = ""; //-->