Mighty greenback now China's ‘money to burn'

The Globe and Mail | November 23, 2004 | GEOFFREY YORK

[B4Ranch]

No mention of inflation in your comments?

[pete anderson]

What's a "real" dollar anyway ?

A "real" dollar is a current dollar as opposed to constant dollar.

In other words the Dollar in your pocket is worth a dollar today and will be worth a dollar in 10 years. (Constant Dollar)

However, in 10 years that same dollar because of inflation or devaluation will not have the same buying power as it has today. (Real Dollars)

[RS]

"A "real" dollar is a current dollar as opposed to constant dollar."

So that dosen't correspond with your earlier statement -


"If I have 100k cash (I don't) and the dollar falls 5% over a week or month I then have 95k in real dollars."


Unless the Euro-peons come and take 5 grand out of your account, you have 100k in real dollars.

[expatguy]

I live in Malaysia and the dollar is dropping as well. There is no demand at all.

But what exactly do you think Bush can do?