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Anthony Alfidi's
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Can the dollar's recent strengthening really be sustained into 2009? The U.S. government is on the verge of running multitrillion-dollar deficits for at least two years. A flood of money from Helicopter Ben's printing press to monetize it all will make dollar holdings very undesireable.
Nov 27 18:56 pm
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All Comments by Anthony Alfidi »U.S. Multinationals Must Brace Themselves for Strengthening Dollar [View article]
Besides, multinationals can and do protect themselves from the reduced earnings of a strong home currency by arranging transfer pricing deals with foreign subsidiaries. This is not a big problem at all.