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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (367677)	1/21/2008 12:44:48 PM
From: bentway	Read Replies (1) \| Respond to of 1575941

"It will be more expensive for people when they travel overseas." Much as I weep for the fortune Ten must spend on his fancy, chi-chi European ski trips, this isn't the reason. The strength of a country's currency reflects the strength of the country's economy. It why other country's have wanted to own dollars, and why the dollar has been the global medium of exchange. As the dollar keeps longing to be a Peso, that's what we lose. It wasn't an accident that Clinton and Rubin promoted a true strong dollar policy - it's what any country DREAMS of having, the global standard of a currency. Which we are losing.