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"Losing my faith in humanity ... one neocon at a time."

Friday, February 25, 2005

The incredible shrinking dollar

posted by Mu at 2/25/2005 08:59:00 AM

NOTE: YOU ARE VIEWING AN ARCHIVED POST AT RUNNING SCARED'S OLD BLOG. PLEASE VISIT THE NEW BLOG HERE.

Der Spiegel has a very good article on why having a week dollar is not all what it's cracked up to be (like oil prices at $50 a barrel).

I have just one question about President Bush's trip to Europe: Did he and Laura go shopping?

If they did, I would love to have been a fly on the wall when Laura must have said to George: "George, do you remember how much these Belgian chocolates cost when we were here four years ago? This box of mints was $10. Now it's $15? What happened to the dollar, George? Why is the euro worth so much more now, honey?


Thanks Fark.com for the link.
Disclaimer: Reading "Der Spiegel" will require at least two laps in the baptism pool for purification. Agreeing with anything written in it will irrevocably cancel your rapture ticket.