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To: 1rudeboy

Ordinary Americans whose savings devalue right along with the dollar even as it costs more to live in the USA.


11 posted on 08/08/2007 1:10:34 PM PDT by Siobhan (America without God is dead.)
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To: Siobhan
Ordinary Americans whose savings devalue right along with the dollar even as it costs more to live in the USA.

You understand that a stronger Euro is a different issue than inflation eroding your savings?

13 posted on 08/08/2007 1:13:31 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Siobhan
"Ordinary Americans whose savings devalue right along with the dollar even as it costs more to live in the USA."

The Dollar has declined 30% since 2002, yet the cost of living in the U.S. has only gone up 10% since then.

Thus, a declining Dollar doesn't have to erode savings or cost more to live here.

...But if you don't drop the Dollar a lot more, then we'll continue to import too much. Try going into Wal-Mart to find a few things not labeled "Made In China".

34 posted on 08/08/2007 2:06:30 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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