61.  Now traders are waiting to see if the Clinton administration reiterates its support for a strong currency.

62.  On the one hand, a country could aim for a strong currency, fighting inflation and controlling government expenditure.

63.  Over time, a strong currency helps us live decent lives, while a weak one makes that harder to achieve.

64.  Rather, it is also a problem of overly strong currencies, such as the German mark.

65.  So, we do have an interest over the long run in strong currency.

66.  So-called miracles are based on a strong national currency, watertight guarantees of private ownership, political stability and private investments.

67.  Some analysts contend that under the current pressure the government must revalue its currency to attract more dollars and other strong currencies to its weakening markets.

68.  Spain and Sweden took advantage of their strong currencies and cut their leading interest rates to bolster growth.

69.  So far consumer prices have been kept low by maintaining a strong currency and high interest rates.

70.  Still, so far this year, European stock prices have been somewhat dampened by the rise of the German mark and other strong European currencies against the dollar.