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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: energyplay who wrote (56753)12/2/2004 1:04:11 AM
From: rayok   of 74559
 
It's all in the presentation. If American workers were told their wages will be cut 30%, they would cry. Depreciate the currency those wages are denominated in, by 30%, and they are thrilled.

Wouldn't it be great if the U.S. dollar was valued at zero? Americans could have any job they want, with wages priced to infinity!
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