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.
“They're not particular about whether you're playing a flatted fifth or a ruptured 129th as long as they can dance to it.”
“Bonfire of the Vanities: The lesson of that book is, never start believing your own press.”