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Old 01-05-2004   #1
Rolo
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Join Date: Dec 2002
Location: Six Feet Under
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Bush, Inc. keep talking the dollar down... Just took a new hit this morning vs. Euro after this comment by Federal Reserve Governor, Ben S. Bernanke:

Quote:
Bernanke added he did not see much chance of a crisis developing in which the value of the U.S. currency kept plunging.
http://story.news.yahoo.com/news?tmpl=stor...ets_global_dc_1

I wonder how long before euro export companies start to downsize? (Xmas is over, so now they can send people home without fearing bad PR)

Too any europeans in vegas holdning on to their dollars - spend it all before you go home or you might end up with a poor dollar/euro exchange rate
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