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To: backtothestreets

Its not necessarily a good thing for us. The article suggests that their plan to fight it is to drop the peg to the dollar and allow their currency to appreciate by letting ours fall faster...


2 posted on 02/25/2008 12:28:10 AM PST by underground (Working overtime to keep social security solvent and potatoes on the table)
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To: underground
Yeah, I choose to ignore that in my initial post, but you are absolutely correct. I have mixed feelings about the dollar devaluing further, and more rapidly. On the one hand, it would cause such hardship nationwide as I have never seen. On the other hand, it would make voters more aware of the repercussions of government deficit spending.
3 posted on 02/25/2008 12:34:06 AM PST by backtothestreets (My bologna has a first name, it's J-O-R-G-E)
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