How Much Will the CDJP Act Devalue the Dollar Value to Achieve its Goals?
CDJPA Research Note #1 By John R. Hansen (CPA Advisory Board) and Jeff Ferry (CPA Research Director) Implementation of the Competitive Dollar for Jobs and Prosperity Act (CDJP Act) will gently lower the dollar’s value to a competitive exchange rate and keep it competitive over time. The Act provides the Federal Reserve with a new…