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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?)
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To: Toddsterpatriot
If 4.4% isn't a high enough rate, the rate would be higher.

Or the value of the dollar would be lower (and it just might be).

For a foreign investor, there's a huge difference between a 4.4% rate of return at a 1 Euro / $1 exchange rate and a 4.4% rate of return at a 1 Euro / $1.50 exchange rate. The latter scenario has a 33% discount built into it.

368 posted on 11/02/2007 12:12:19 PM PDT by Alberta's Child (I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
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