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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (242231)9/18/2007 4:06:45 PM
From: SARMAN  Read Replies (1) | Respond to of 281500
 
Countries with commodity plays have strong currencies.
Not necessarily, look at the Canadian dollar. It was weak for the longest time. However, earlier this decade when the US economy was sucking, the Canadians were doing fine, they dollar was cheaper relative to the US dollar. Today, the Canadian dollar is almost at par. Lets look at was causes the US to devalue. If we follow the law supply and demand, we find that the US dollar is being printed with no asset backing.



To: michael97123 who wrote (242231)9/19/2007 12:23:12 AM
From: c.hinton  Respond to of 281500
 
re."in time"
"in the long run we are all dead"keynes

so,some where in the undefined future the dollar will go up.......thanks for that useful piece of information.


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