Merk Says Fed Devaluing Dollar to Help U.S. Economy: Video

Oct. 13 (Bloomberg) -- Axel Merk, president and chief investment officer of Merk Investments LLC, talks about the impact of Federal Reserve monetary policy on the U.S. dollar.
The dollar traded near the weakest in 15 years against the yen and a record low versus the Swiss franc on speculation Fed officials will reiterate they are poised to increase bond purchases to support growth. Merk, who also discusses China's currency policy, speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)