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'Strong Dollar' Hides Weak Policy


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". . . Steve H. Hanke, a professor of applied economics at Johns Hopkins University and a senior fellow at the Cato Institute, tells Insight that the alleged policy is so much yah-yah. "Officially," Hanke explains, "everyone will run for cover. No one is going to be able to tell you what the strong-dollar policy is because it is a rhetorical phrase coming out of Washington that is meaningless. Analytically it doesn't mean anything at all . . ." - Article

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