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To: roadcat

I don’t understand the dollar is growing stronger and is still losing value. But good enough.

Cheers


20 posted on 12/04/2014 2:44:43 PM PST by thackney (life is fragile, handle with prayer.)
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To: thackney

Think of it as a bucket with water in it. You’re pouring water in, but a leak at the bottom is causing water to be lost. Water is being lost at a certain rate, and the level of the water gets ever lower. If you increase the flow of water being poured in, you’re still losing water from the leak at the same rate, but the level is declining at a slower rate. The dollar can grow stronger to slow the decline in value. But it is still losing value. As you pointed out, it is gaining strength against other nations’ currency (except for the most part China, which is growing faster every year except this one). Value of currency is falling everywhere due to debt. The U.S. is in better shape than most, because others aren’t growing stronger. I know, it’s strange. Thanks for the good comments.


21 posted on 12/04/2014 4:25:32 PM PST by roadcat
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