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- To: MLUG Off-Topic Discussion <EMAIL:PROTECTED>
- Subject: Re: [MLUG - DISCUSSION] MU makes it to British press
- From: Mike Miller <EMAIL:PROTECTED>
- Date: Wed, 1 Dec 2004 00:48:57 -0600 (CST)
- In-reply-to: <EMAIL:PROTECTED>
- References: <EMAIL:PROTECTED> <EMAIL:PROTECTED>
- Reply-to: MLUG Off-Topic Discussion <EMAIL:PROTECTED>
- Sender: EMAIL:PROTECTED
On Tue, 30 Nov 2004, Jonathan King wrote:
> Currencies fluctuate, and the fluctuation alone shouldn't bother you too
> much. The reason why the US dollar is weakening so dramatically (and
> could get 40% weaker against some currencies) is a much bigger concern.
> Economists can (and do) argue that the currency devaluation in this case
> is an expected and possibly (in the long-ish term) helpful thing...
While I can see why it might be helpful (as in keeping our export
businesses flourishing), I don't like it personally because it means that
any visits to foreign nations are painfully expensive. I prefer to have
awesome buying power! ;-)
Mike
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