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Old 01-20-2007, 02:08 PM
TheYellowDog's Avatar
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Quote:
Originally Posted by Spitty View Post
Then why is the dollar losing value.
Because, we are buying more foriegn goods, mostly. It also helps that a lot of people are borrowing money and not paying it back quickly. What this does is "create" American money in the world-wide market, and when there is more money going around per person it becomes worth less, causing the international value to go down.
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