Which US Presidential Candidate advocates a strong US dollar policy?

Question

First off, I am tired of having the US dollar devalued. At the current rate of devaluation, we may have to use it as toilet paper soon. George W Bush's administration alledgedly supports a strong dollar policy but all of our actions have pointed in the opposite direction. I know, a weaker dollar will help narrow the budget deficit and the trade deficit but that cannot be our only solution in our economic arsenal. Which candidate supports a stronger dollar?

No Bush, only clueless people could want a dollar so devalued that other nations will stop investing in the US dollar. An extremely weak dollar over an extended period of time will only weaken our nations position in the world and therefore weaken our national security.

Also, a weak dollar is great for industrialized nations to basically sell their products for cheap. We are not going to be able to compete with China in that capacity. I don't want a super strong dollar, but I don't want it devalued to the point of investing in our nation is not attractive to other nations.

Sageandscholar.....

I agree with some of what you are saying. However, even though I am not advocating or opposing tying the dollar to gold, the reason the dollar has fluctuated greatly with gold is because of the inherent weakness of the dollar. It has nothing to do with gold itself. Since Gold (like oil) is priced in dollars, a weakening dollar will raise the price of gold (as well as oil).

Answer 1

Primarily? Ron Paul is pretty much the only candidate that is focused on economic issues at this moment. Sadly, he is tainted by being a libertarian, so some of his great ideas are weighed down by silliness like leaving the UN.

Answer 2

Rand Paul. His possibly biblical based ideals are generally backed and justified with logic, thus he's thought his actual stance through. The irony is that it almost seems to hurt him with the religious that he isn't willing to say, because (insert religious right rhetoric). He's a fiscal conservative, and a realist when it comes to military spending, borrowing, entitlements, and social-security. He doesn't believe in going to war unless congress decides so(the way it's supposed to work). Proponent if diplomacy as opposed to war. He's pragmatic; gay marriage, why does the government define marriage when it should uphold contracts? He's willing to look at inequality and criminal reform, and generally acknowledges the fact that poverty + stupid unequally enforced laws are responsible for inequality. He also acknowleges that any individual can become the minority for any choice or predisposed condition. I'll take s constitutionalist, libertarian leaning republican any day.

Answer 3

Can someone explain to me how tying the US dollar to gold will make it strong or stable? In the last three days the value of gold has varied by more than 5%. In the last 10 years it has grown nearly 200% but also been subject to falls of 10% or more even overnight.
If we tie our currency to gold it will be our dollar going through fluctuations like this.
Yes the USD has depreciated of late - due to debt. You want a strong dollar- elect a government that will not wage unnecessary wars and instead be fiscally accountable. We do not have to return to a system that would give control of our currency to countries such as South Africa, China and Russia.

Edit - Kenneth I have clearly not explained myself. If we tie our currency to gold, and other countries do not - then future trends in gold will force those trends against our dollar as well. The dollar has not fallen enough against other currencies to result the movements of gold I spoke about. If we are tied to gold a flood of gold onto the market will devalue our dollar. An increase in demand for gold (for instance a massive stock market crash) and our currency is raised to a point where we can no longer be competetive. To give South African mining companies and Chinese and European speculators complete control of our currency is a recipe for disaster.

Answer 4

There aren't any.

Only people clueless about global economics want a strong dollar.

Currently, the U.S. dollar is very strong in Asia. It just is not strong in Europe and that doesn't matter much because most Americans don't buy a lot of products from Europe.

A weak dollar is good for America. Japan, China, Russia, Brazil, and India all enjoy the benefits of weak currency.

Canada's devalued currency benefited Canada for decades. American factories were moved to Canada because it was less expensive to make products there. Now it is less expensive to make products in America, which doesn't make other countries that survive off of American consumerism very happy. Many countries around the world parasitically survive off of the U.S.'s $12 trillion yearly GDP (gross domestic product). Those countries survive by making American designed or invented products at a less expensive price due to their currency being worth less than the U.S. dollar.

Understand more here:
Why Do People Keep Thinking A Weak Dollar Is A Disaster?
http://answers.yahoo.com/question/index?qid=20070920193903AA1OcdY

They don't know countries around the world purposely devalue their currencies to make their country economy better and to improve the country's standard of living.

Japan devalued their money (yen(¥)) for decades which resulted in Japan having a very large market share of the U.S. automarket.

Up until the mid 1980's, Japan's Yen was trading as low as 360 yen to one U.S. dollar (USD). (Today it is trading at over twice the value-115.) That allowed Japan's companies to sell products in the U.S. for half of their real costs. It was very difficult for American car makers to compete when Japan's auto makers were spending twice as much on making a car and were selling them in America for the same price as an American car.

Wishing for 300yen/USD, Japan still trys to keep the value of the yen low. It still closely watches the USD/Yen exchange rate extremely closely. They know a weak dollar will slow their GDP growth, decrease business profits, and cause Japanese to buy U.S. goods.

Countries now benefiting from weak currencies: Russia, China (extremely weak currency), Brazil, India(extremely weak currency), Mexico, etc..

A devalued currency with a highly skilled workforce causes more investing in the U.S. (global economics 101). Also, productivity and exchange rates determine if we can compete with other countries. Not exchange rates alone. Currently many Asian countries have extremely devalued currency with low productivity while the U.S. has a highly valued currency (in Asia) with extremely high productivity. The U.S. ranks in the top 5 of the list of the most productive countries in the world.

Answer 5

so, does anyone else see this? i appreciate ron paul a ton to the point that im voting for him. yet EVERYONE seems to forget the fact that even though some of us MAY BE libertarians, ron paul IS a REPUBLICAN. his views were NEVER libertarian until republicans gave them up for more bipartisan, socialist views. if one were to ask me i would say he is MUCH more republican than any other candidate. However, as to the question, yes, ron paul does believe in the gold standard, which providing our citizens gold is still in fort Knox, would make our currency worth more than any other in the world, providing congress coin our own money instead of intrusting it to a foreign bank like the federal reserve.

Answer 6

Ron Paul is the only candidate that I've heard discuss this issue. I've been following the candidates fairly well, so it's very possible that most of them have been avoiding this issue.

Answer 7

Ron Paul is tired of having the US dollar devalued TOO.

Watch some of his videos on Youtube, because he's explained it in debates a few times, and he REALLY has a plan to get us out of this swampy situation our whole economy is is.

We need to freshen it up a bit... ya know?

Answer 8

I don't know

but Reagan + Clinton + Bush Sr did advocate a strong VISA policy

Answer 9

We need to return to a gold backed dollar.
I Cr 13;8a

Answer 10

ronald reagun