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Non-Tech : The Dollar -- Ignore unavailable to you. Want to Upgrade?

To: Condo who wrote (1)12/15/2004 1:12:08 AM
From: Alfred W. Post  Respond to of 13
 
Hi Eiwoo (what a name?) Your observation is well taken however seems to be rather the exeption, because if it would be applicable on a large scale then it would have to have an influence on the trade ballance. Not only do exporters become more competitive but imports become more expensive. And this in turn should slow down the immense appetite of the Americans to buy stuff not made in America. BUT does not seem to be the case Fred



To: Condo who wrote (1)12/15/2004 10:44:24 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 13
 
You have it backwards... the dollar is weak because our overseas trade partners are not buying our goods, their economies are weaker than ours... a weaker dollar only helps to stimulate overseas buying of our goods, which is good for our economy... take a look at the equities markets for the first clue, and right now the markets are moving higher...

GZ


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