Bill Clinton: “Not necessarily. No, I don't, because, keep in mind, the stock market was 3,200 when I took office. It was 6,500 in…”

“Not necessarily. No, I don't, because, keep in mind, the stock market was 3,200 when I took office. It was 6,500 in 1996, late in '96. So it's still perking along pretty well. And I think it's unrealistic to think that it's going to more than triple every 5 years. You're just not going to have that every 5 years. But I think that the most important thing I can say is that from my point of view, is that, as Secretary Rubin used to say, ``Markets go up. Markets go down.'' What the Government should focus on is keeping the fundamentals right. And it seems to me that if we can keep paying down the debt, practice fiscal responsibility, keep pushing to open markets, and keep making the kind of long-term investments that we know are good for the American economy, then the people in the private sector will take care of the rest. I think you really get in trouble trying to predict what's going to happen in the global economy where already we've defied all the predictions. You know, when I became President, the consensus was that if we had two or more quarters of unemployment below 6 percent, we'd have inflation. And we know that the rules are being rewritten. Now, that doesn't mean that the laws of economics have been repealed; it must mean that our ability to predict is not as great as it would have been in a more stable time. So I'm basically quite optimistic about the American economy as long as we keep the fundamentals right. Monetary Policy Ms. Gharib. You mentioned Robert Rubin, and there are some people who believe that since Robert Rubin left his post as Treasury Secretary, that the administration has modified its policy on the dollar. Can you clarify this for us? And we have seen the dollar under pressure recently. Do you no longer support a strong dollar policy?”