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Old 10-30-2007, 06:38 PM
oyvindgee oyvindgee is offline
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Join Date: Aug 2005
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Default Re: Beat - The US Dollar

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BTW, if there's any more domestic inflation than usual, I haven't noticed it. Which probably means this is purely an artifact of the currency markets; either the dollar was overvalued before or it's undervalued now.


[/ QUOTE ] LOL. There are more factors than domestic consumer inflation that affect the value of a currency. Ratio of foreign debt to GDP comes to mind.

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Interest rates. I think Norway is one of very few countries who still projects interest hikes. Add that to fed slashing theirs and I'm getting screwed worse than any of you.
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