What you ***fail*** to realize, Sawz, is that a currency can be "revalued" after the "devaluation" has done what it is supposed to do... That is a major failing on yer part and shows hw little you understand "fixed rate" currencies as opposed to "floating currencies"...

Like I said... You need a college economics course so that your knowledge base will be large enough to see the entire picture...

Do you have any idea why the Feds have done this in the first place??? I do... Maybe you'd like to reread the entire link and try to figure out why this is a good thing for our economy... But then again, maybe you'd rather ignore the fact that we are competeing in a world economy and have to react to stuff that is negatively impacting our ability to compete (and create jobs)...

B~