We should make the dollar sound, respected again, not a yo-yo in value as it has been for the last few years. The dollar should be worth a dollar today; it should be worth a dollar tomorrow.
It is worth a dollar today, just as it was yesterday.
We're simply discussing its external buying power...ie how much that dollar can buy. Personally, I like a weak currewncy (Not too weak though). Keeps the exporters attractive.
"The dollar should be worth a dollar today; it should be worth a dollar tomorrow."
UH ... Just when was it that a dollar was not worth a dollar ?
If you feel its worth less, I'd gladly give you 95 cents for every one you have :-)
"We should make the dollar sound, respected again, not a yo-yo in value as it has been for the last few years. The dollar should be worth a dollar today; it should be worth a dollar tomorrow."
To a large degree the soundness of the Dollar is based on interest rates, ours and which direction other leading nations are heading, inflationary factors, volatility in the currency markets, plus the overall health of Wall St.
The Dollar is back on track - the trend is up!
Point of historic currency interest: In November of 1976 the Canadian dollar was at par with the American dollar.