NAO
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Thu Apr-07-05 09:55 PM
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How would a sharp US Dollar drop affect ordinary Americans? |
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It seems as if Bush is actually working to cause the US dollar to plummet.
He has done all kinds of things to endanger the dollar, and has shown no alarm or reaction at frequent suggestions that it may have a sudden, sharp drop in value.
That makes me think there must be some benefit to the ultra-wealthy of the dollar dropping. And that implies that there is a conversely painful result for the rest of us.
So what does it mean to average people if the dollar has a rapid fall?
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