SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (754942)11/26/2006 11:38:02 PM
From: RMF  Read Replies (1) | Respond to of 769670
 
You DO realize that the Yen's going from 240 to 120 meant that the Yen had DOUBLED in value against the Dollar, right?

The Reagan Administration pursued a weaker dollar to try and finesse its way out of a trade imbalance with the Japanese, just as the Bush Administration has pursued a weaker dollar to try and finesse their way out of a trade imbalance with just about everybody.

That's why the dollar is down over 30% since Bush came into office.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News