"In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth"

This quote by Martin Feldstein suggests that the US can benefit from an extra competitive dollar without any negative repercussions. According to Feldstein, both experience and economic theory imply that a much more competitive dollar would certainly not result in increased rising cost of living or lowered financial growth. This recommends that the United States could take advantage of a more competitive dollar without any adverse repercussions. This could be useful for the US economic situation, as a much more affordable buck might cause boosted exports, raised foreign financial investment, as well as boosted economic growth. In addition, a much more competitive dollar might bring about increased buying power for United States consumers, allowing them to buy even more goods and also solutions at lower rates. Inevitably, this quote recommends that the United States might take advantage of an extra competitive buck without any negative repercussions.