I've read the administration wouldn't mind the dollar falling further to help ease trade deficits, but it's a double-edge sword.
If the dollar falls much further, how long will foreign investors continue to hold dollars that earn less on their investment? I've read we're going to have a problem no matter what, and what remains to be seen is whether it's an abrupt jump over a cliff, or whether it's a gentler and steady tumble down a long hill. Brought to mind a twisted version of Jack and Jill going up the hill carrying the pail of water. Japan and China have much control over our fate.
Am I being too negative?
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