King Dollar

Remember all the laments about the weak dollar? The demands for tighter policies to strengthen King Dollar? On a trade-weighted basis, the dollar has been strengthening all fall. As of this week, the dollar has returned to its 1997 value. Happy now? I didn't think so. After steady …

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Written by David Frum on Tuesday November 22, 2011

Still Sound as a Dollar

Conservatives nowadays routinely worry about the dollar’s strength and stability . The dollar, however, refuses to cooperate. Instead, it lately has been rising in foreign-exchange markets, as it typically does in times of international economic and financial stress. The dollar serves as …

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Written by Kenneth Silber on Friday September 23, 2011