“Intelligence Squared US: "Does America Need a Strong Dollar?"

Photo Credit: intellignecesquaredus.org

It’s often taken for granted that America needs a strong dollar.  When the value of the U.S. dollar is strong relative to other currencies, it becomes attractive to investors and allows Americans to buy foreign goods and services cheaply.  But in times of recession, are we better off with a weak dollar that stimulates U.S. manufacturing by making our goods cheaper and more competitive?  Or will the loss of purchasing power and currency manipulation abroad, offset the potential gains? These questions are answered in Intelligence Squared US: Does America Need a Strong Dollar?, airing Sunday, March 24 at 9 p.m. on AM 1370/FM-HD 91.5-2.

Debating for the motion is Professor at Columbia Business School Mr. Frederic Mishkin and Chairman and Founder, FX Concepts Mr. John Taylor. Debating against the motion is Chairman and Editor-in-Chief, Forbes Media Mr. Steve Forbes and Editor and Founder,Grant's Interest Rate Observer Mr. James Grant. The debate is moderated by John Donvan, Author & Correspondent for ABC News.