The US President, Joe Biden, reportedly refuses to acknowledge the role of the US dollar in the current issues facing the global economy, according to the White House press office.
“The price of the dollar does not raise any concern I have,” Laiden was quoted as saying in the statement.
According to Russia Today, the US President said, “The issue is restricted to the lack of economic growth and sensible policies in other nations, not in the United States.”
He made reference to the “global inflation” problem, which is worsening in other nations than it is in the United States.
Biden emphasised, “Our economy is really solid.”
The steep increase in the US dollar’s value this year and its rise to a record level since 2000, according to a new report released by the International Monetary Fund yesterday, Friday, has had a significant impact on the global economy in practically all countries.
Biden: The absence of sensible policies, not the value of the dollar, is the root of the world’s economic issues.
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