综合色区无码一区,亚洲综合一区国产精品,日韩亚洲性爱无码视频,国产白丝护士AV在线网站,国产三级视频播放线观看,亚洲五月综合缴情在线观看,aⅴ变态另类天堂无码专区

您現(xiàn)在的位置: > Language Tips > Audio & Video > Normal Speed News  
 





 
US dollar seen as weak, declining further
[ 2007-07-18 08:43 ]


Download

 

The House of Representatives Financial Services Committee Tuesday heard from economists who agreed the weakening dollar is likely to decline further. VOA's Barry Wood reports.

Committee member Ron Paul, a conservative Republican, called attention to the dollar's weakness. The U.S. currency, he said, has this year lost nine percent against the euro and even more against some other currencies.

"It's lost more than 10 percent against the British pound," he said. "And lo and behold, the Indian rupee - if you had been holding Indian rupees - you would have made 13 percent."

Paul asked the panel of three economists whether Americans should be worried by the dollar's decline. Alan Meltzer, a professor at Carnegie Mellon University in Pittsburgh, said the dollar is weak because for America's rising external deficit.

"The long-term problem is a serious problem," he said. "If you ask, over the long-term what is likely to happen to the dollar, you'd have to believe that over the long-term the dollar is going to decline in value. Why is that? Basically, because we invest more [as a nation] than we save. We save too little."

Benjamin Friedman from Harvard said no other country could get away with having such large current account (trade) deficits. It is, he said, irresponsible for the United States to incur an external deficit equal to 6.5 percent of its national income.

But none of the economists saw a danger in the huge accumulation of dollars by China and Japan. Neither country, they said, would gain by selling their dollar holdings in order to devaluate the currency further.

Jamie Galbraith, the son of the late Nobel-winning economist John Kenneth Galbraith, is a professor at the University of Texas.

"The problem, as I see it, is that the system - like all monetary systems - is inherently precarious," he said. "It is subject to a shock, a crisis, a panic, a collapse down the road."

None of the economists would predict how much further the dollar will drop. But they said a further decline could help by lowering the prices of U.S. exports, thereby boosting exports and reducing the size of the external deficit.


點(diǎn)擊進(jìn)入更多VOA常速

(來(lái)源:VOA  英語(yǔ)點(diǎn)津姍姍編輯

 
 
相關(guān)文章 Related Stories
 
Why dollar is world's most traded currency? Where did the dollar sign come from?
         
 
 
 
 
 
         

 

 

 
 

48小時(shí)內(nèi)最熱門

     

本頻道最新推薦

     
  A high school reunion in Chicago
  US dollar seen as weak, declining further
  Many US farmers struggle with hot, dry weather
  Democrats outpace Republicans in fundraising
  9宗罪:9 crimes(MTV)

論壇熱貼

     
  音像店的地道譯法
  親戚中的大,小,二等等怎么翻譯啊?
  如何用英語(yǔ)表達(dá)“逼平”?
  how to say "豬瘟"?
  “不服” 怎么翻譯!
  請(qǐng)問(wèn)肥水不留外人田怎么翻譯?






      <td id="nxi2y"></td>
      <th id="nxi2y"></th>
    1. <big id="nxi2y"><meter id="nxi2y"><thead id="nxi2y"></thead></meter></big>
        <rt id="nxi2y"></rt>
        <ins id="nxi2y"><meter id="nxi2y"><table id="nxi2y"></table></meter></ins>
      1. <noscript id="nxi2y"><tr id="nxi2y"><samp id="nxi2y"></samp></tr></noscript>
        <acronym id="nxi2y"></acronym>
        综合色区无码一区,亚洲综合一区国产精品,日韩亚洲性爱无码视频,国产白丝护士AV在线网站,国产三级视频播放线观看,亚洲五月综合缴情在线观看,aⅴ变态另类天堂无码专区 国产在线拍揄自揄视频网站 国产视频精品免费 少妇系列之白嫩人妻 白眼女网爆韩国网红御姐性爱视频 热闹的背后总有不 日本黄漫画免费播放 亚洲AV日韩Aⅴ中文无码 无码一级视频在线