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Politics : BuSab
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To: grusum who wrote (1937)9/25/2009 12:25:25 PM
From: Jorj X Mckie  Read Replies (1) of 23934
 
that's part of the equation though, goods bought internationally do become more expensive. We buy less and therefore the trade deficit shifts. Where it sucks from a quality of life perspective, it does have some silver lining qualities.

the weak dollar is only meaningful in the context of purchasing foreign goods. The value of domestic goods rise and fall with the dollar so the value remains relative.

Again, I do believe we want to be back where we have a strong dollar. But we will never get that if we don't get some real jobs back in the US where people are actually making real stuff. And that will never happen with a strong dollar.

That being said, i don't think that the government should do anything to make a weak dollar. I think the market will take care of that all by itself.
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