Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar will mean that the increase in aggregate demand from this source may not happen for a year or more.
“You just keep pushing. You just keep pushing. I made every mistake that could be made. But I just kept pushing.”
“The opera is like a husband with a foreign title - expensive to support, hard to understand and therefore a supreme social challenge.”