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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: JBTFD who wrote (21467)6/18/2003 5:34:55 PM
From: Lazarus_Long  Respond to of 93284
 
Yes, I know. I look at that chart every night.

What he says would be true if the US produced nothing for domestic consumption and had to import everything. But that is hardly the case.



To: JBTFD who wrote (21467)6/18/2003 5:53:08 PM
From: Lazarus_Long  Respond to of 93284
 
3-year chart of the US Dollar index:
stockcharts.com[e,a]dacanyay[df][pi!d20,2!b50!b200][vc60]&pref=G

which shows better what has happened to the $ against foreign currencies- -a decline from 120+ to 93- -about 25%.