Reply #24: A weak dollar isn't all bad though [View All]

[Rage for Order]

It makes US-made products cheaper in foreign markets, which will increase exports. And the flip side is that it makes imports more expenseive, which will naturally reduce imported products. If we could convince China to allow their currency to float instead of keeping it pegged to the dollar you'd see some really interesting results. It should also be a boon for tourism since people who have British pounds will find that their money will go twice as far over here than in Britain.