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To: TheBattman
For many years, the US dollar has been relatively steady with only moderate change in value.

Not true. The dollar went through a huge drop in value when the Bretton Woods system collapsed in the early 1970's, and since then it has been all over the place, yet it's remained a reserve and de facto currency all over the world.

But the last couple of years has shown a major shift with the last several months showing a MAJOR drop in value.

The dollar is at a level it was last at in 1995.

31 posted on 03/18/2008 8:27:52 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62
The dollar is at a level it was last at in 1995

You mean when 1 US$ would buy 1.45 Canadian dollars? Today, $1 will only buy .99 $ Canadian.

32 posted on 03/18/2008 8:48:56 AM PDT by TheBattman (LORD God, please give us a Christian Patriot with a backbone for President in 08, Amen.)
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