Quick Study: Dollar Doldrums (page 3 of 5)

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The Back-and-Forth

"The U.S. dollar has been the world's reserve currency since World War II [with] good reason … The U.S. has the largest, most open economy in the world, and our capital markets are the deepest and most liquid."

--Henry M. Paulson, U.S. Secretary of the Treasury, June 2, 2008

"Now the dollar is being ridiculed in overseas markets. Henry Paulson and Ben Bernanke [should act] to strengthen the dollar and bring down the rate of inflation so people can afford to buy oil and food again."

--Lawrence Kudlow, syndicated columnist and host of Kudlow & Company on CNBC

'The way to strengthen the dollar is to strengthen the economy … to invest in our infrastructure … roll back those Bush tax cuts, end this war, and get our budget in balance.'

--Senator Barack Obama April 10, 2008

"The U.S. should [try] to reduce barriers to trade, level the global playing field, and build … enforcement of global trading rules. These steps would also strengthen the U.S. dollar."

--Senator John McCain, posted on johnmccain.com

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