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Old 10-25-2004, 04:39 PM  
polish_aristocrat
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Join Date: Jul 2002
Posts: 40,377
Quote:
Originally posted by sacX
If you only price a dollar on goods you can purchase in the US then it hasn't devalued, that's what you'd typically call deflation.. But if you compare against a basket of goods in the world then it has grossly devalued.

To say the USD has not devalued is to have your head in the sand. The USD has lost value against nearly EVERY freely traded currency.
Do you think it will re-gain it's value in the next months or years?
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