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A strong currency means that American consumers and businesses can buy imported goods and services more cheaply and that inflation and interest rates will be lower,... It also puts pressure on American industry to increase productivity and competitiveness. These benefits can feed on themselves as foreign capital flows in more readily because of greater confidence in our currency. A weak dollar would have the contrary effects.
Robert Rubin
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Lovely weather so far. I don't know how long it will last, but I'm not afraid of storms, for I'm learning how to sail my ship.
Louisa May Alcott
Robert Rubin
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Born:
August 29, 1938
(age 87)
Bio:
Robert Edward "Bob" Rubin is an American lawyer, former cabinet member, and retired banking executive. He served as the 70th United States Secretary of the Treasury during the Clinton administration.
Robert Rubin on Wikipedia
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