tmm99
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 15, 2008
- Messages
- 5,221
Value of USD has been in decline for years... Anything coming from the outside the country ends up costing more. Just as an example, USD was worth about 120 yen / dollar in 2004 and now it hovers around 95 yen / dollar. When I went to Canada in 2001, everything seemed really cheap, but now Canadians are traveling to US to shop. I guess it doesn't hurt you directly as much if you never have to wire/transfer money to other currencies or live/travel abroad, but I'm sure we will feel some impact at the home front too with all the trading we do with other countries.
What does it mean for us? Is this called inflation in a way? (not inside US but in world trade). How will it affect us in the near future?
What would raise the value of the dollar and what would be the side effect of it?
This is so confusing to me.
Take out your crystal ball and tell me
What does it mean for us? Is this called inflation in a way? (not inside US but in world trade). How will it affect us in the near future?
What would raise the value of the dollar and what would be the side effect of it?
This is so confusing to me.
Take out your crystal ball and tell me