Time for action to boost dollar

June 2008
Las Vegas Business Press (10712186);6/16/2008, Vol. 25 Issue 24, pP24
The author reflects on the need to strengthen the U.S. dollar. He notes that the administration of U.S. President George W. Bush should consider joining other countries in buying dollars in foreign-exchange markets. He cites that speculators who stock up on crude oil futures and exchanging euros for the weak dollar are the ones to blame for the high price of crude oil. The author infers that there is currently no discussion on long-term solutions to address energy prices.


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