arroba Email

Rejuvenating the Economy: Creating an environment in which entrepreneurial activity can flourish.

Steve Forbes (President & CEO, Forbes Inc.) talks about the economy and what can be done to get it back on track. If debasing a currency was the way to wealth, Zimbabwe and Argentina would own the world. It just does not work; it’s a bad thing. So here we have the Fed making huge mistakes, abetted by the Bush administration not having a strong dollar policy… The wealth creation of having a stable dollar (starting to release some of the frozen liquidity) would be a very, very powerful, positive tonic for the economy. The biggest short-term threat is the weak dollar. The other crisis point is taxes…