http://www.iie.com/publications/pape...sten0102-1.pdf
Major dollar depreciations are nothing new: they have
occurred about once per decade since the advent of generalized currency convertibility in the
postwar period: in 1971-73, 1978-79, 1985-87 and 1994-95 (to the dollar’s all-time lows against
the DM and yen).
Pocketkangaroo.
U.S. people aren't losing anything. There is no inflation here, the only time your dollars are worth less is if you're trying to buy something in an EU country or in Canada.
If you're shopping at home prices are stable, and your dollars are worth roughly the same as they were a year ago, or two years ago, etc.
If anything, a falling dollar is GOOD for our economy, because it increases our export business and decreases our trade deficit....something alot of Americans complain about when the dollar is overvalued against other currencies.