Economic theory alone tells us that if we ever reach the point where it becomes a problem, there is an automatic adjustment mechanism, which is that the dollar will fall in value. When the dollar falls, then that makes U.S. exports cheaper on the international market in terms of foreign currencies and it makes imports more expensive in terms of dollars.
Pretty simple.
Economic theory alone tells us that if we ever reach the point where it becomes a problem, there is an automatic adjustment mechanism, which is that the dollar will fall in value. When the dollar falls, then that makes U.S. exports cheaper on the international market in terms of foreign currencies and it makes imports more expensive in terms of dollars.
Pretty simple.
America has changed.I doubt anyone would do this type work anymore.!
BTW look at the label on the clothe you are wearing now??
My labels read.........
My pants Made in Lesotho?
Underwear Made in Vietnam
T-shirt Made in India
Sneakers Made in China
America has changed.I doubt anyone would do this type work anymore.!
BTW look at the label on the clothe you are wearing now??
My labels read.........
My pants Made in Lesotho?
Underwear Made in Vietnam
T-shirt Made in India
Sneakers Made in China
America has changed.I doubt anyone would do this type work anymore.!
BTW look at the label on the clothe you are wearing now??
My labels read.........
My pants Made in Lesotho?
Underwear Made in Vietnam
T-shirt Made in India
Sneakers Made in China
America has changed.I doubt anyone would do this type work anymore.!
BTW look at the label on the clothe you are wearing now??
My labels read.........
My pants Made in Lesotho?
Underwear Made in Vietnam
T-shirt Made in India
Sneakers Made in China
gfinger,
When is this "automatic adjustment mechanism" suppose to kick in as the dollar continues to plummet? (It's even lower than the AUD) Sending Hillary and Tim Geithner over to China seems to produce very little result.
Also what's the point of having a weak dollar policy when very little carries the "Made the USA" label anymore?
Not a money guy, but curious to want to know. Thanks.
gfinger,
When is this "automatic adjustment mechanism" suppose to kick in as the dollar continues to plummet? (It's even lower than the AUD) Sending Hillary and Tim Geithner over to China seems to produce very little result.
Also what's the point of having a weak dollar policy when very little carries the "Made the USA" label anymore?
Not a money guy, but curious to want to know. Thanks.
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