The declining dollar
The declining dollar
Nov 2004 : The dollar has recently moved against say the Euro from 0.8 EUR/USD to 1.34 EUR/USD. Against a basket of major currencies the dollar has fallen 27% or so (depending on the definition of major currencies), and perhaps 12% against "all" currencies. In relation to commodities the dollar is also at a record "low", such as [oil] (48$) , [gold] (450$/oz.). Paul Volcker (the ex-fed chairman) thinks there is a 75% chance of a currency crisis in 2005.
What does this mean ? Does Bush administration have anything to do with it ? Should they do anything about that ?
2006 : Anyone up for some more recent comments here ? 65250859267894929860861
- Cheapest Viagra Online.
- Viagra Soft Tabs Online.
- Herbal Viagra Online.
- Generic Viagra Online.
Go Buy Reductil Online now!
Go Buy Zyban Online now! Go Buy Plavix Online now! Go Buy Norvasc Online now! Go Buy Ambien Online now! Go Buy Zyrtec Online now!
