By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - General - USD: When will it stop... falling?

famousringo on 30 October 2007
Timmah! said:
eab said:
You do all realize that a cheaper dollar means American products are bought more and more in other counties? Not saying a weak dollar is good, but it isn't all bad.

Currencies balance themselves. When the dollar was high is was cheap for Americans to buy European and Japanese goods while it was expensive for Japan and Europe to buy American goods. This lead to a trade deficit which is now equalizing.

Bingo! Free markets tend to correct themselves and go through natural cycles.


 And one of those "corrections" was called The Great Depression...



"The worst part about these reviews is they are [subjective]--and their scores often depend on how drunk you got the media at a Street Fighter event."  — Mona Hamilton, Capcom Senior VP of Marketing
*Image indefinitely borrowed from BrainBoxLtd without his consent.