Chronicling The Crazy Results Of Crazy Beliefs On A Crazy Civilization
The Dollar is almost "free" at this point, actually - your boy GWB presided over a 50% drop in its value as vs the eurohttp://research.stlouisfed.org/fred2/data/DEXUSEU_Max_630_378.pngBTW, this exchange rate drift is why crude oil is 5x pricier for Americans than it was in 2001, but only 4x pricier for the Japanese and 3x pricier for Europeans.
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The Dollar is almost "free" at this point, actually - your boy GWB presided over a 50% drop in its value as vs the euro
ReplyDeletehttp://research.stlouisfed.org/fred2/data/DEXUSEU_Max_630_378.png
BTW, this exchange rate drift is why crude oil is 5x pricier for Americans than it was in 2001, but only 4x pricier for the Japanese and 3x pricier for Europeans.