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Please explain the dollar dropping in value - on ABC's talking heads [View All]

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Nimrod2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-04-06 12:11 PM
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Please explain the dollar dropping in value - on ABC's talking heads
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kind of mentioned that new Treasury Sec. was brought in to manage this crisis???

What falling dollar? is Bush going to let it drop now? Are we forced to do this because of high debt?

I know about foreign companies being able to buy our goods for cheaper, but how about US dollar priced oil? how would that hurt us?

Have we had a low dollar value before? how low and when? what were the effects? What other economic effects will a cheap dollar have on the US?
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