Quote:
Originally Posted by yads
Raising rates would not weaken the dollar. It would do just the opposite as investors seek a better rate of return. They could sell off reserves, thereby increasing the supply of dollars. They could always lower rates, but they're quite low as it is.
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Thats why I ask... what exactly would they do to weaken the dollar then? my interest rates guess was just a WAG (wild a$$ guess)