To: Rocksalt
how these companys can buy materials,pay labor costs,shipping,etc. and still sell for 10.00 amazes me Exchange rates. Hate to say it, but the US dollar is dramatically overvalued. The result of this is that the US is the #1 exporter of JOBS. Will devaluing the dollar cause inflation? Sure. Prices will rise. But I'd rather pay a little extra today than have nothing tomorrow.
59 posted on
09/28/2002 1:53:27 PM PDT by
montanus
To: montanus
"Exchange rates. Hate to say it, but the US dollar is dramatically overvalued. The result of this is that the US is the #1 exporter of JOBS. Will devaluing the dollar cause inflation? Sure. Prices will rise. But I'd rather pay a little extra today than have nothing tomorrow."
What would happen if all US consumers simply stopped buying most foreign made products tommorrow? Initally it might be damaging to our economy,but would it benefit us in the long run? curious what other people think,I never studied economics.
60 posted on
09/28/2002 2:11:14 PM PDT by
Rocksalt
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