Contrary To GOP Candidates’ Claims, Obama And The Fed Aren’t Devaluing The Dollar

Contrary To GOP Candidates’ Claims, Obama And The Fed Aren’t Devaluing The Dollar: pA favorite line of Republicans in the 2012 GOP presidential primary has been to claim that President Obama is devaluing the American dollar. The surging former Sen. Rick Santorum, for instance, ranted that Obama “has devalued our currency,” while Rep. Michele Bachmann (R-MN) has said that, “in the last two years of the Obama administration, [...]/p