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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (22103)	12/7/2004 4:38:11 AM
From: GUSTAVE JAEGER	Read Replies (2) \| Respond to of 81023

Re: ...the dollar is worth less now than ten years ago. Indeed, unless you can show that the chart is wrong, you will have to accept that Norris is. I tried to dig up further info on the USD Index... It's actually a derivative, that is, a "financial instrument" that's not used for day-to-day transactions whether by individuals/consumers or corporations... Somehow Norris and I refer to the following chart: triacom.com As you can see, the USD hit its lowest in 1996 against most EU currencies... Now, I'm aware that inflation rates and GDP growth rates must be factored in, yet, on the other hand, the euro was PEGGED at a fixed rate against all former European currencies (BEF, DEM, FRF,...)