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Gary Shilling: The Rising Dollar Is Wreaking Havoc With US Trade


A strong currency may be in America’s national interests over the long term, but right now the hit to exports is a concern. In 1995, Treasury Secretary Robert Rubin asserted that a strong dollar is in the US national interest, a mantra repeated by each of his successors. They're partially correct since the effects of the robust buck, which

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Posted: May 12, 2022 Thursday 06:00 AM