the USD has halved in value in that time.
The weird thing is, we don't notice it here. Almost not at all.
The "almost" being energy prices, e.g., gasoline prices bopping between $2 and $3 a gallon, which appears to fluctuate more on what's going on in Iran than exchange rates.
"Dollar up" means your stuff is cheaper to us, "dollar down" means it's more expensive, but we don't buy all that much from NZ, anyway.
"Dollar down" vis-a-vis China means almost nothing. The Chinese are so anxious to sell us stuff that they'll sell it for almost nothing.
Jay and his Chicom entourage sneer at the US dollar but Chinese entrepreneurs seem to love it, up or down.
I am just telling it as it is, it's the same as it ever was. In the US we don't care about dollar up or dollar down, we don't even feel it. There's always somebody who is willing to sell whatever we need for that dollar, be it up or be it down.
If China gets shirty, there's always India, or Romania, or Chile, or Bangladesh, or Costa Rica, or Pakistan. It's a very big world.
As for New Zealand, you know, Americans don't eat lamb, hardly at all. The Greeks eat lamb for Easter, is all I know. I think gyro meat includes lamb meat. Other than Greeks, and gyros, nobody eats it, so why should we care about the exchange rate? What else do you sell us? |
