[Hoodat]

This move by the Fed was never intended to ease unemployment. The ONLY reason they did it is because the federal government is out of cash. They need to sell $1.3 trillion in bonds to finance their spending, but there are no buyers. If the Fed has wanted to help alleviate unemployment, they would have given the money to wealth creators and entrepreneurs instead.

[expat_panama]

a weakened dollar would help exports

That's where the NYT sticks its head back in it's armpit.  Sure, everyone says weak dollar = more exports but it doesn't and they're wrong.   Exchange rates do not affect the balance of trade.

[Pollster1]

We have tried a long list of Dem “solutions”, ranging from the Bailout, TARP, Stimulus, and ObamaCare to a weak dollar. I’m shocked, shocked I say, to note that so far each Dem solution has made things worse. A monkey throwing darts at a list of choices would do far better than the Obama/Pelosi regime has done.

Even a blind squirrel will find an occasional nut (which should be the new TSA motto given their search tactics) but Obama and Pelosi have so far been wrong 100% of the time. It’s almost like they are destroying America on purpose. Almost.

[ex-snook]

'A weakening currency traditionally helps a country raise its exports"

Export what? the only things we export is money an factories.

WE HAVE TO MAKE MORE OF WHAT WE IMPORT.

[ex-Texan]

Of course, we could emulate the French:

And Declare December 7 "Take Your Money Away Day" !

Please watch in full screen mode for translation -- LOL, LOL !