It's time to pump up the dollar

Kudlow tells us why.

Key points:

"Inflation is the bane of financial assets. Bonds lose value when future interest and principal payments are made in cheaper dollars. And stocks lose value when the rising interest rates necessary to compensate for inflation reduce the present value of future earnings."


"Loose talk from a protectionist-leaning Congress is arguing for a lower dollar to curb the trade deficit. This would be exactly the wrong policy."

Watch out for the Dems.

In addition to denying them the ability to implement those confiscatory tax policies they're just salivating over, let's not let them screw up monetary policies too.