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To: TigerLikesRooster
Currently 1.00 EUR = 1.47448 USD

The US dollar has lost about 50% of it’s value since Bush took office. Mostly during the last 3 years. Double digit inflation is coming to the US for the first time since that brain dead moron Carter was president.

20 posted on 02/21/2008 7:31:53 AM PST by monday
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To: monday
The US dollar has lost about 50% of it’s value since Bush took office.

That's its foreign exchange value which is very different from its purchasing power in the U.S. which has fallen about 19% in 8 years.

34 posted on 02/21/2008 9:36:56 AM PST by BfloGuy (It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect . . .)
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To: monday

It’s down about 25% from 2000. It’s down about 50% from the Euro but not against the basket. It went up like 20% from 2000 to 2001 so it’s drop from when Bush took office is a big exaggerated. I should note the dollar is also only down about 25% from 10 years ago. The $ was basically overpriced in 2001 & 2002 as the Euro was at it’s weakest and 9-11 sent flight to safety.


44 posted on 02/21/2008 4:16:03 PM PST by rb22982
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