and neal ferguson is teaching at harvard and had the idea right. it would be minimal, but the trade protectionism would be maximal and disastrous. thank you very much. i need to talk about this. the whole king dollar scenario. i'm going to focus more on the dollar than china, but maybe we'll get into china, too. let's talk to arthur laugher and co-author of "return to prosperity." the sam man who coined the model that said a strong, stable currency and low marginal tax rates, the former holds down inflation. the latter stimulates economic growth. that's the heart of the issue. we also have david kelly, j.p. morgan funds market strategist and cnbc strategist. dawn loven, i want to start with you. it isn't bernanke's monetary restraint. it's not the exeritation of the need to have a dollar as good as gold or as good as anything on a stable basis. it's the crake-up of the euro. but don, no matter how we get there, the dollar is rising big-time, and i reckon it's going to continue to rise. what's your thinking here? >> look, i think your introduction g