The Economy, Lounge Style

[BPA234]

Great post. I have several questions:

1. The newly printed dollar is actually worth less than a dollar. Please explain why.

2. A year or two ago I watched an interview on Charlie Rose with an economist who was articulating concerns about the trade deficit. Your thoughts?

3. I work in commercial construction in FL. The burst housing bubble effects have been acute and pronounced. With the weakened dollar, I am actually optimistic because of the predicted influx of foreign investment on the local level. Am I wrong?