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Old 10-02-2007, 05:51 PM
Mr Rick Mr Rick is offline
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Join Date: Oct 2006
Posts: 564
Default Re: Spotting fake hundos

I'm pretty sure that the dollar is worth what everybody else is willing to pay for it. And that depends to some extent on the amount of dollars in circulation at a given time among other things. The other things being how well the economy of the US is doing.

I got a C in Econ 101 because I thought everything could ultimatley be explained by the Irish Potato Famine in the 1800's. In this case, without the ability to produce potatoes the US would not get good value on the dollar. Especially from Ireland.