In the News: Bloomberg TV

Both in word and action Bernanke pursues a weaker dollar, portfolio manager Axel Merk tells Bloomberg TV

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'In both word and action, we believe Bernanke wants to have a weaker dollar […] Bernanke is embracing the dollar as a monetary tool […] He has said that a weaker dollar is not inflationary, we disagree. And by buying government bonds, those securities are intentionally over-valued […] He wants to have a weaker dollar to spur economic growth.'…"