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Home >> Stock Forums >> Is Ben Bernanked trying to ruin the dollar?

Is Ben Bernanked trying to ruin the dollar?

ratAphooey said: "The only thing his endless rate cuts really seem to do is lower the value of the dollar. Does he constantly devalue the dollar because he thinks America has lost its competitive edge or is there another reason?"

Heather said: "Maybe he's trying to stimulate foreign spending in the US? Just my thoughts.."

Airelon said: "As well as making it much easier to pay back the massive debt that it is owed. Of course, the effect is temporary. Wouldn't be too shocked to see a rebound in the Dollar over the next few weeks though . . ."

ratAphooey said: "I just wonder what the ramification are here? I mean I dont expect a total devaluation but the dollar has sank very low. When you see Loonies and dollars trading at parity you have to wonder."

newinvestor123 said: "[QUOTE=Dan;58965]As well as making it much easier to pay back the massive debt that it is owed. Of course, the effect is temporary. Wouldn't be too shocked to see a rebound in the Dollar over the next few weeks though . . .[/QUOTE] Nor would I. A weak dollar also helps to balance the trade deficit."