Author: Patrick Dixon Futurist Keynote Speaker for Industry Conference
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http://www.globalchange.com Bob McTeer (formerly part of Federal Reserve Board) has talked about possibility of a weaker dollar and why important in stimulating growth. Had a negative reaction - rise or fall of dollar - from some of American public. Dollar and exchange rate fall: trade imbalance, dollar comptetitiveness, exports growth, balance of payments impact on dollar value. Behaviour of Sovereign Wealth Funds and impact on dollar exchange rate, basket of currencies. Switch from Dollars to Euros. Foreign direct investment impact on dollar value. Inward capital flows support dollar. Risk of dollar crash, depression, recession. Why do people blame Alan Greenspan for the sub-prime crisis and dollar value today? He lead the Federal Reserve Board during the dot-com crash, 9/11 and following years when interest rates in the US fell as low as 1% and America came close to deflation. These low interest years are now blamed for the housing boom, the flood of bad loans and the sub-prime crisis. But is this fair criticism of past economic events in America, with money supply issues, rising unemployment, falling or static economic output in early 2002? Video on dollar and US economic outlook by keynote conference speaker Dr Patrick Dixon, Futurist and author of 12 books on global trends. Euro, dollar, fall, rise, sterling, currency, inflation, central bank, bank, England, interest, rates, control, economy, growth, recession, economic. Alan Greenspan, Federal Reserve, America, American, output, unemployment, 9/11, dotcom, dot-com, bubble, housing, house, price, crash, burst, falling, Euro, sterling, currency, inflation, central bank, bank, England, interest, rates, control, economy, growth, recession, economic