@RyanTV A WEAKER DOLLAR is actually a sign of a STRONG EXPORT economy aka Bull market and is just what the USA needs to compete with China whom intentionally deeply undervalues their currency.
On the other hand, a strong dollar means it will be cheaper to import goods from other foreign lands than it would be to buy domestically produced products.
Reader Comments (Page 1 of 1)
I LOVE THE CAPS LOCK KEY @ Sep 26th 2007 12:09AM
@Charlie Calhoun
No, it's pents not ounces
@RyanTV
A WEAKER DOLLAR is actually a sign of a STRONG EXPORT economy aka Bull market and is just what the USA needs to compete with China whom intentionally deeply undervalues their currency.
On the other hand, a strong dollar means it will be cheaper to import goods from other foreign lands than it would be to buy domestically produced products.