12-18 more months more of this relative Dollar weakness and inflation in the US will accelerate due to oil imports and imports of goods from the EU.
Next thing you know is the fed will increase the interest rates some more to combat inflation.
Next thing you know is economy and spending habits in domestic US will slow down cause money becomes more expensive.
IMO a weak Dollar only benefits the US economy short term, not long term.
Quote:
Originally posted by DukeSkywalker
i think things are all relaitve if you live in the US.
5 bucks is still 5 bucks. I dont see prices going up on anything but gas.
Duke
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