If Australia finds it has a strong Australian dollar, and it has higher unemployment, then it would have to respond, and that would either be by increasing domestic demand or by weakening its own currency.

Ben Bernanke

Ben Bernanke

Australia Australian Currency Demand Dollar Domestic Either Finds Higher Increasing Own Respond Strong Then Unemployment Weakening Would

Related Quotes

The trend should be a weakening one for the Australian dollar.

— Michael Thomas

AustralianDollarOne

Only a strong economy can create higher asset values and sustainably good returns for savers.

— Ben Bernanke

AssetCreateEconomy

There is enormous demand for dollar denominated assets so I don't expect that this demand would drop precipitously.

— Ben S. Bernanke

AssetsDemandDenominated

After the 1929 crash, the Federal Reserve mistakenly focused its policies on preserving the gold value of the dollar rather than on stabilizing the domestic economy.

— Ben Bernanke

AfterCrashDollar

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

— Ben Bernanke

CommutingCostEaten