The Fed should only have two missions: keep the dollar strong and avert panics.
But the way you keep the dollar sound is by maintaining a steady monetary policy, not by trying to manipulate the economy itself.
R. 1638, which would require the Fed to keep the value of the dollar stable in terms of gold.
FORBES: We Need QE3 Like We Need A (Jackson) Hole In The Head
This is a startling departure from the governor's previous policy of benign neglect, and signals that the central bank wants to keep the Canadian dollar somewhere above 65.5 American cents.
What the U.S. should have done was to let the Bank of Mexico use the money to keep the peso stable against the dollar.
The Federal Reserve should keep the basic value of the dollar steady rather than worry about the level of the stock market or fret about the length or strength of the economic expansion.
In effect, he is asking why his country should be vulnerable to the destructive currency crises sweeping the world, including neighboring Brazil, and, why, instead of trying to keep the peso tied to the dollar, he shouldn't make life simpler by using the dollar itself.
Only if America compensates them with better returns will they keep faith with the dollar, he said.
America ought to keep trade open the dollar stable.
FORBES: Mitt Should Have Become The Romney Whom Obama Ridiculed
No one will be surprised when the results will show they are comparable, but the question will be: what strategies will the drug maker then use to keep the billion-dollar bonanza going?
But, in the short-term, it is also a VERY good idea to keep a chart of the dollar handy.
FORBES: The Jobs Report Is NOT Pushing the Markets Higher Today
The real would have stabilized, particularly if the government had stated that its goal was to keep it tightly tied to the dollar.
The Brazilian government, in its frustrated attempt to save the dollar and keep its currency from overvaluation, has come up with a new set of macroeconomic measures for the currency markets.
We will also see if Bernanke fully appreciates that the primary task of the Federal Reserve is to preserve and keep stable the intrinsic value of the dollar.
The Central Bank and the Finance Ministry joined forces earlier this week to devise two new measures and amendments to the Constitution to keep the Brazilian real from strengthening too much against the dollar.
Traders and analysts were surprised a bank had tapped central-bank funds, especially since the Swiss National Bank recently flooded the market with liquidity to keep the franc from rising against the euro and the dollar.
They inflated at home for political purposes, but tried to keep their currencies pegged to the dollar.
Mr Gerashchenko's main success was to keep the rouble stable against the dollar, in nominal terms (see chart).
"China still needs America's market, needs to keep the U.S. dollar strong, and also needs the U.S. to open its market to Chinese export, " said Yan Xuetong, an America-watcher in Tsinghua University.
Argentina's board helped keep its peso firmly fixed to the dollar when the Mexican peso collapsed three years ago.
The weakening dollar pushes capital away from the U.S. The resulting economic weakness invites the Fed to keep interest rates low, bringing more dollar weakness and U.S. underperformance.
Europe's new, supercentral bank will be making a terrible mistake if it tightens to keep its new money from falling against the dollar.
So it makes sense to keep investing elsewhere, preserving capital while the dollar slides and getting ready to rebuild the U.S. once a President calls for a stronger dollar and less spending.
The eurozone sovereign debt crisis is set to keep the euro under increasing pressure and as a result, investors should expect the dollar to gain, gold and commodity currencies like the Brazilian real to remain stable to weaker next week.
FORBES: The Week Ahead: All Eyes On Europe's Escalating Crisis
Still, the enthusiasm surrounding crowd-funding at this point seems to increase alongside the money raised, and with more and more multimillion dollar projects funding on Kickstarter, the stakes keep going up.
FORBES: Drone DMND Controller Scam Suspended On Kickstarter [Updated]
The tax rate, particularly the marginal tax rate, which is the tax rate that applies to the last dollar earned, determines how much the producer is allowed to keep out of what he or she produces.
FORBES: Reaganomics Vs. Obamanomics: Fallacies Offered By The Left
Rep. Kevin Brady, a Texas Republican who is vice chairman of the Joint Economic Committee, is seeking to pass the Sound Dollar Act, which would end the Fed's mandate to keep unemployment down, instead having the central bank focus only on stable prices.
By making imports cheap, the strong dollar has helped to keep American consumer-price inflation down (though not, it turns out, as low as it seemed, thanks to a double-counting of quality improvements that the government owned up to this week).
In 2010, it was punished for increasing inflation and rising interest rates designed to keep the rouble from appreciating too much against the US dollar.
FORBES: To Russia With Love: Investors Flock to Russia, Not China & Brazil
Also keep in mind that yield-hunters flock to the Australian dollar, but be careful.
应用推荐