Thread: US Dollar
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Old 11-02-2007
Americano Americano is offline
Secretary of State

 
Member Since: Feb 2007
Location: Southern Oregon
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US Dollar

Anyone else watching the US Dollar? Last 30-days:

Euro Exchange Rate Graph - US Dollar - Historical Exchange Rates

That's a continuation of the long USD slide as investors continue losing confidence in the USD (which means the USA) due to US fiscal irresponsibility.

Any thoughts on future ramifications as the Fed has proven to be Wall Street's bitch and again lowered the federal funds rate in attempts to save equity market positions at the expense of increased inflation to US consumers?

Please, no government parroting of US exports being more attractive unless the accompanying reaction of higher prices (inflation) to US consumers is included in the opinion.
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