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Monday, December 11, 2024
By Dr. Steven Taylor

Via Bloomberg: Dollar Falls After Greenspan Says He Expects Further Decline

The dollar fell the most in a week against the euro after former Federal Reserve Chairman Alan Greenspan said the U.S. currency will probably keep dropping until the nation’s current-account deficit shrinks.

Perhaps someone should suggest to Greenspan that he might want to be quiet…

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Filed under: US Politics, The Economy | |

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