The Charity Scandal That Ensnared U.K. Business Elites: DealBook Briefing
“Promote our ability to export by our investments in our economy,” Mr. Rubin said, “not by weakening our terms of trade.”
Abandoning the United States’ longstanding strong-dollar policy, Mr. Rubin said, would
carry risks to both the United States economy and the global financial system.
The best way for United States companies to compete globally, Mr. Rubin said, is for them to be “productive, efficient,
and effective.” And the best way for the government to help them do that, he said, is through investments in education, infrastructure and other programs that improve the country’s long-term competitiveness.
“I’ve always felt that our self interest was in having a strong dollar,” Mr. Rubin said in an
interview in his office at the Council on Foreign Relations, where he is chairman emeritus.
The next big growth could be in Bitcoin spinoffs in which developers clone Bitcoin
software, release it with a new name, a new coin and perhaps new features.
The Presidents Club dinner was a little-known charity event held at the posh Dorchester Hotel until
yesterday, when the FT published a scathing investigation into the all-male-attendee event.