Quote:
Originally Posted by K9Torro
Ok , can anyone tell me in plain and simple text form why the U.S. dollar is falling so low, I used to enjoy trips to the EU for vacations , when they adopted the Euro these trips became somewhat less enjoyable , now they are downright painful. Also I remember in the not so distant past when the our friends in Maple Leaf land were lagging behind us at around .70 cents now they are equal or higher ?
What exactly has happened for our dollar to be so worthless ?
In simple terms WTF ???
Todd  |
The same topic came up in another thread a few weeks ago. A much more balanced one at that. Try and find that one..
I have read everything so far on this one - and you will not learn much.
Basically supply and demand - US interest rates are low, return on investments is low, business opportunities are low right now - and with inflation going up a bit - so the dollar is low. A bit more complicated and interdependant that some would have you believe.
Yes! That link above!