http://www.ritholtz.com/blog/2009/09/more-jawboning-on-the-us/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 17:26:45 +0000 hourly 1 http://wordpress.org/?v=3.0.5 http://www.ritholtz.com/blog/2009/09/more-jawboning-on-the-us/comment-page-1/#comment-220766 ttc7 Wed, 30 Sep 2009 03:08:50 +0000 http://www.ritholtz.com/blog/2009/09/more-jawboning-on-the-us/#comment-220766 Devaluing the dollar is the path to disaster. Sure, it will pump up exports in the short run, but it's just another quick-fix, reflecting the instant-gratification mentality that got us into the current mess. In the long run, the damage would be mindboggling. I, for one, hope the Fed puts up. Devaluing the dollar is the path to disaster. Sure, it will pump up exports in the short run, but it’s just another quick-fix, reflecting the instant-gratification mentality that got us into the current mess. In the long run, the damage would be mindboggling. I, for one, hope the Fed puts up.

]]> http://www.ritholtz.com/blog/2009/09/more-jawboning-on-the-us/comment-page-1/#comment-220550 franklin411 Tue, 29 Sep 2009 17:46:45 +0000 http://www.ritholtz.com/blog/2009/09/more-jawboning-on-the-us/#comment-220550 If we have a snowball's chance in hell of developing a sustainable export economy, it's going to be with a cheap dollar. If we have a snowball’s chance in hell of developing a sustainable export economy, it’s going to be with a cheap dollar.

]]> http://www.ritholtz.com/blog/2009/09/more-jawboning-on-the-us/comment-page-1/#comment-220527 Pat G. Tue, 29 Sep 2009 17:02:56 +0000 http://www.ritholtz.com/blog/2009/09/more-jawboning-on-the-us/#comment-220527 Jawboning only gets you so much bang for your buck. How witty. Like you said, the FED will ultimately have to put up or shut up. Jawboning only gets you so much bang for your buck. How witty. Like you said, the FED will ultimately have to put up or shut up.

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