Originally Posted by bigwhoop
The Fed Reserve propping up the falling dollar doesn't help.


Likely it's the Fed�s actions (QE1 and QE2) that are causing the dollar to fall relative to other currencies. These actions are due to the Federal Reserve's mandate, which is "to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates."

The problem is that the tools the Fed has to work with are minimally effective in bringing down unemployment without causing inflation. It's really up to Congress to tackle unemployment as it has far more tools to work with such as simplifying or eliminating regulations and reducing taxes.