Put that together with a stable dollar, and you have a very tranquil situation in the credit markets.
Foreigners have not been big buyers of American stocks lately, but the stable dollar might bring them back.
The stable dollar has made securities in this country more attractive to overseas investors.
Other countries, too, seem to want to reaffirm their desire for a stable dollar at the meeting.
They say that a stable dollar, even at low levels, allows foreign investors to make rational, long-term decisions.
A stable dollar, then, is the overriding objective of these countries now.
It seeks, for example, a more flexible commitment to a stable dollar.
So I'm trying to find a third way, which is for a strong and stable dollar.
Some economists and financial market experts predict a stable or even slightly rising dollar well into next year.
Mr. Simon's issue is how to make the dollar strong and stable.