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Whether the dollar is strong or weak matters for our exports and imports because their prices change in foreign currencies. Many people on the financial news networks appear to believe that similar reasoning applies to capital flows, i.e., that a strong dollar attracts foreign capital. Not so! Think about it. If [...]
from Forbes Real Time http://onforb.es/16qDQhK
Whether the dollar is strong or weak matters for our exports and imports because their prices change in foreign currencies. Many people on the financial news networks appear to believe that similar reasoning applies to capital flows, i.e., that a strong dollar attracts foreign capital. Not so! Think about it. If [...]
from Forbes Real Time http://onforb.es/16qDQhK