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Politics : PRESIDENT GEORGE W. BUSH

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To: GROUND ZERO™ who wrote (662995)11/29/2004 9:20:08 AM
From: E. T.  Read Replies (2) of 769670
 
"If the weak dollar continues to hinder foreign investment in the United States, that could force up yields on government bonds, because higher rates would be needed to attract investors. And bond yields have a direct impact on a wide variety of interest rates paid by consumers and businesses, including mortgage rates."

All good for the economy by your reckoning! Sorry, this dumbass can't agree with your view. No need to further explain why a cumbling dollar is good for the economy. We agree to disagree.
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