Reply #3: Business (S) sucks! [View All]

The administration is caught in a jam. They need the job loss to turn around and fast.

So, they are allowing the dollar to weaken, which will prop up companies that export and may create a job or two.

That being said, allowing the dollar to weaken will raise interest rates which will ultimately hurt small business.

Large companies that control big marketshare like to starve out competitors with high cost of capital. That is a plus for the largest of companies that like to squash small fry competition.

So, watch for the hiring to begin soon at domestic companies that export equipment, like IBM, GM, GE, Dupont, but know the true cost of a weak dollar policy is inflation on imported goods and higher interest rates.