To: neutrino
The dollar being low is scaring the hell out of our competitors, so much so that Japan is trying to keep it up artificially.
The trade deficit is a sign of strength, not weakness.
36 posted on
03/21/2004 8:22:39 PM PST by
Luis Gonzalez
(Unless the world is made safe for Democracy, Democracy won't be safe in the world.)
To: Luis Gonzalez
The dollar being low is scaring the hell out of our competitors, so much so that Japan is trying to keep it up artificially. Um-hmm. The Bank of Japan just stopped. It was getting too expensive to support.
Now what do you suppose will happen to inflation as the dollar declines? You did hear that the PPI was up 0.6% for the month of January, did you not?
39 posted on
03/21/2004 8:52:05 PM PST by
neutrino
(Oderint dum metuant: Let them hate us, so long as they fear us.)
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