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To: Bearcatbob who wrote (44220)	7/8/2007 11:06:17 AM
From: koan	Read Replies (3) \| Respond to of 78420

I admit to not understanding weak versus strong currencies. In fact, I believe, in the economic world it is still a debatd issue. The two theories: 1) If any currency is strong it cost less to import stuff, like oil. this is what I was taugth in one graduate course. 2) If the currency is weak one can export with more as your goods are cheaper than other cuntries-maybe, e.g. if you need a lot of oil for your exports-lol. When I took an upper level economics course at the university of washington I got a conservative economics professsor who pounded into us that a strong dollar helped a nation because you could buy other peoples "wealth" cheaply". He had charts and graphs and he and I battled all semester (as you can imagine). At the end of the day he won, as I got one of only of two B's in graduate school from him-lol. He had the last laugh. I am guessing there is a happpy medium but I will be damned if I know where it is. I do not know how everyone can keep debasing their currency forever. It would seem to me eventually all of them would be worthless-lol. I do not understand this one?

To: Bearcatbob who wrote (44220)	7/8/2007 11:43:54 AM
From: Rocket Red	Read Replies (2) \| Respond to of 78420

A dollar is still a dollar in any country and buys the same goods in your country

To: Bearcatbob who wrote (44220)	7/8/2007 1:25:20 PM
From: Sultan	Read Replies (1) \| Respond to of 78420

Aren't you forgetting couple of things that has happened in Canada last few years.. Federal Govt. has not run a deficit in a long time and the commodity boom has helped a lot..

To: Bearcatbob who wrote (44220)	7/8/2007 2:01:30 PM
From: John McCarthy	Respond to of 78420

Hi Bear dumb ass 2 cents ... >>>>>>>>>> If the US D goes from ~.80 to say ~.65 I see no end of the world scenario. >>>>>>>>>> I don't either - but lets keep sight of all the variables or at least attempt to see what variables we can. (a) Using your .80 to .65 cents scenario - then all the current treasury holders - the Chinas, Japans, Europeans, and Sheiks - just took a big haircut. Agree? i.e. they just took a 19% haircut for US dollars held in their vaults. PLUS - there taking a 19% - 5% =14% LOSS on the current treasuries they own right now. Nothing wrong with that except - NEXT WEEK and the WEEK after that and on and on ...... the USA treasury -- HAS TO -- refinance old treasuries. Given the .80 to .65 cents scenario you invoked .... What interest rate do YOU want before you'll buy a USA treasury? Just curious ... And if you won't buy them ..... i.e. the USA treasuries .... What's items are gonna be in my Walmart next year? And WHAT will they cost? And YES - USA exports will increase .... but will their resultant INCREMENTAL Fed Tax payments be enough to cover the USA Treasury's financing needs ... i.e. how many 767's can we sell? Is there a limit to the market? And all the other markets we can sell into. In any event - we may just find out. Note - a dollar in my pocket today will be the same as a dollar in my pocket tomorrow ..... thats NOT the point ..... its when I went into Walmart last year and paid $0.50 for a CHINA TRINKET ..... and now go in and pay $1.00 for the same CHINA TRINKET thats pain ...... in fact - what that is - is >>>>>>>>>>>>>> If the US D goes from ~.80 to say ~.65 >>>>>>>>>>>>>> again - this is just dumb ass 2 cents stuff - I would really PREFER not to find out .... regards, John