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#1
11-24-2007, 02:55 PM
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Re: Hiding a Recession
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Re: low dollar vs yak turds - Falling dollar against foreign currency isn't all bad. American exporters should be having a heyday. [/ QUOTE ] Sure. But what about American consumers who now have to compete with those foreigners buying up American goods? They are getting crunched with higher domestic prices. 
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#2
11-24-2007, 10:52 PM
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Re: Hiding a Recession
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Sure. But what about American consumers who now have to compete with those foreigners buying up American goods? They are getting crunched with higher domestic prices. [/ QUOTE ] This is probably true, but I was just pointing out that there's another side to the story. A "weak" dollar isn't bad for US exporters and their employees and stockholders.
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