Do Tax & Regulatory Policies Pose a Threat to the Dollar?
February 02, 2012 at 09:57 AM EST
Which political party will do a better job at preserving the purchasing power of the U.S. Dollar? A common tenet amongst Treasury Secretaries, irrespective of their political affiliation, has been a claim that the U.S. pursues a strong dollar policy. To find out, let’s look at what type of tax and regulatory policies foster a strong dollar. Supply and demand determine the value of anything tradable, including a currency. Noteworthy with regard to the value of a currency is a country’s current account deficit, which can be thought of as the amount foreigners need to buy in a . . . → Read More: Do Tax & Regulatory Policies Pose a Threat to the Dollar?