Economists: Weak dollar isn't such a bad thing for the U.S.

10/23/2009 | USA Today

With the value of the U.S. dollar taking such a tumble that it is creeping into the headlines, it might be time to consider what it means: Not that much, economists say. Kenneth Rogoff, former chief economist for the International Monetary Fund, said there are plenty of reasons to be concerned about the dollar but, for Americans, its weakness isn't one of them. "A weaker dollar is a fantastic boost for the United States, and it's a problem for the rest of the world," he said.

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