"The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar"

This quote by Martin Feldstein recommends that a strong dollar in the global market and a strong dollar in the house are both attainable goals. He believes that it is possible to have a competitive dollar in the worldwide market and a strong dollar in the house in the long run and during the transition to a more competitive dollar. This indicates that the US dollar can stay strong in the global market while likewise being strong in the house. This is good news for the US economy as it recommends that the US dollar can stay strong in the international market while also being strong at home. This could lead to increased economic development and stability in the United States economy. It might likewise lead to increased financial investment in the US economy, which might further improve economic growth. Overall, this quote suggests that a strong dollar in the international market and a strong dollar in your home are both achievable objectives.