Paul S. Sarbanes: “This deficit requires us Americans to borrow about $2 billion from foreigners every working day. No expert I know…”

Yes. Now, they have it pegged, right?

I think the best way to do it is to have a flexible exchange rate, and that will let the market work even more.

I find this troubling. I guess I find any chart that all of a sudden seems to leap out in some different direction from what we have generally been experiencing a matter of concern.

This was a decision by the Bank of Japan, the Government, not by private Japanese investors about the strength of the American economy.