This edition: Bob Hormats, Vice Chairman, Goldman Sachs InternationalTweet
Original tape date: June 2, 2005.
As anyone who has been to Europe recently knows, our dollar is a shadow of its former self. Just a few years ago, a nice dinner in a reasonable Paris café would have cost us about $40 a person. Today, it can cost almost twice that. Ouch. If our economy's strong, and we're the world's greatest superpower, why does the rest of the world place so little value on our currency? Sarah Bartlett discusses this issue with Bob Hormats, Vice Chairman of Goldman Sachs International.
Prof. Sarah Bartlett Professor, CUNY Graduate School of Journalism
Robert D. Hormats Vice Chairman, Goldman Sachs