The Mudcat Café TM
Thread #75767   Message #1334769
Posted By: artbrooks
21-Nov-04 - 07:48 PM
Thread Name: BS: How low can it go? (USD question)
Subject: RE: BS: How low can it go? (USD question)
One dollar US is worth approximately $1...in the States. Saying that the dollar is "weak" is entirely a matter of perspective. From the point of view of monetary policy, this is a good thing if you want to correct our negative balance of trade. It's good for European tourists, so come on over and visit.