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To: B4Ranch
"I'm not anxious to see our dollar at $0.25"

You can't see it at that level. A U.S. Dollar is *forever* locked in at $1.00 for Americans, never $0.25.

It's only to *foreigners* that the Dollar's value fluctuates, and even then it only fluctuates for remuneration back to your foreign nation...your intra-U.S. trade still gets full value.

67 posted on 11/27/2004 1:20:16 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Southack

>>You can't see it at that level. A U.S. Dollar is *forever* locked in at $1.00 for Americans, never $0.25.<<

Ok Let me say the full sentence, just for you.

I'm not anxious to see our Dollars value drop further and be worth $0.25 when we want to use it in a foreign country.

A very good example is the Canadian Dollar is viewed as only being worth $0.75 in America. It is still a dollar but it will not buy $1.00 worth of American items.

Do you understand that or should I draw you a picure?


80 posted on 11/27/2004 1:43:20 PM PST by B4Ranch ((The lack of alcohol in my coffee forces me to see reality!))
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To: Southack
It's only to *foreigners* that the Dollar's value fluctuates, and even then it only fluctuates for remuneration back to your foreign nation...your intra-U.S. trade still gets full value.

Well, that can't be true. It could only be true if we didn't depend on foreign imports, like energy, clothes, and appliances. Therefore, the sinking dollar WILL fluctuate within the borders; it will buy much less of those essential foreign produced goods.

If you have global free trade, then global trade matters. You cannot say that it doesn't. There are consequences either way you look at it.

110 posted on 11/27/2004 3:34:12 PM PST by Dec31,1999 (www.protestwarrior.com)
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