jb_abides
Well-known member
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- Apr 6, 2005
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Yes, the dollar is only 'strong' relative to other currencies; that is, in the foreign exchange sense.
When measured against its value year-over-year in the long-term, it has been debased by the ravages of rampant inflation; therefore, decidedly 'weaker' in the absolute.
When measured against its value year-over-year in the long-term, it has been debased by the ravages of rampant inflation; therefore, decidedly 'weaker' in the absolute.
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