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this is definitely a discussion we can have. arguably, for those that consume in US dollars, a weaker currency does little to alter their standard of living.

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Are you Bernake's staffwriter now?

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nope. wanna make a logical statement to the contrary and we'll see where it goes?

Barron

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Weaker currency means higher prices on imports like oil and consumer goods?

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and what % of the overall consumption (aka standard of living) are the combination of those two?

also, if it is a big change in prices, what is the likelihood that our dollar consuming individual substitutes away from those imported consumer goods and/or drives less?

further, how much does all those changes in the dollar consuming persons' life alter his/her standardd of living?

Barron