
Is A Strong US Dollar A Good Thing?
Ones and Tooze
Is the Fed in Raising Interest Rates a Good Idea?
Daler: Strong dollars not necessarily equal to a strong economy. The problem for the rest of the world is that they feel the effects of that. If youre europe or japan, this spills over by way of pressures on their central banks to raise interest rates. And there's very good econometric evidence to suggest that a rising dollar is one of the main drivers of global slowdowns. He says emerging market low income countries are all sucked into the drama of America's rollar coast aride.
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