To: Toddsterpatriot
Ummmm.....if the market was saying that, the rates of return would be higher than 4.4%. Don't you get it? The weak dollar is based on that 4.4% rate. Foreign investors are willing to accept a 4.4% rate of return, but they are demanding a steep discount on their exchange for U.S. dollars. My 2002 investment in a foreign currency has returned an average annual rate of about 5% in the last five years, but when measured in U.S. dollars my average return is 14.8%.
352 posted on
11/02/2007 11:56:00 AM PDT by
Alberta's Child
(I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
To: Alberta's Child
Don't you get it? The weak dollar is based on that 4.4% rate.I totally get it. If 4.4% isn't a high enough rate, the rate would be higher.
359 posted on
11/02/2007 12:00:38 PM PDT by
Toddsterpatriot
(What came first, the bad math or the goldbuggery?)
To: Alberta's Child
Want to think of something weird.....that 14.8% is basically averaged real inflation from all sectors.
372 posted on
11/02/2007 12:17:45 PM PDT by
RSmithOpt
(Liberalism: Highway to Hell)
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