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To: be4everfree
I added them together because inflation and the value of the dollar against the trade weighted index are two different things that effect your buying power.

Unless you're buying something denominated in Euros, looking at the exchange rate is silly.

A European investor who converted Euros to buy the Dow has lost money, when converted back into Euros. An American who used dollars to buy the Dow has a decent profit, even after taking inflation into account.

It’s clear, the confusion is on your end.

LOL!

63 posted on 04/10/2008 7:23:42 PM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)
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To: Toddsterpatriot

You have no clue.

good bye


64 posted on 04/10/2008 7:57:08 PM PDT by be4everfree (We're on a mission from God)
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To: Toddsterpatriot
Unless you're buying something denominated in Euros, looking at the exchange rate is silly.

Oh wise master, how insightful of you. Now how about all the stuff that we do buy that is priced in Euros? Like wine and cheese and moosemeat.

72 posted on 04/11/2008 5:17:47 AM PDT by AndyJackson
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