Quote:
Originally Posted by zacs
the weak dollar is much more then you realize.
Look at it this way....
5 years ago, 1 dollar bought .9 Euro
today, 1 dollar buys .6 Euro
that is a significant decline.
this means that a dollar today is buying only 2/3 of what it did 5 years ago for any globally traded commodity.
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wow - I went to Europe in 2001 and 1 dollar bought @ 1.15 E