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I don't have a very good understanding of modern economics and just trying to understand what is going on with the dollar.

2007-11-08 00:03:56 · 2 answers · asked by kdl2584 2 in Social Science Economics

2 answers

1. read the country of origin, buy made in USA products
2. Use less crude oil based products, gas, and plastic products

2007-11-08 00:14:09 · answer #1 · answered by Jan Luv 7 · 0 0

The US economy is pretty high right now.

Inflation is low, despite high oil prices.
Unemployment is at 4.75%, which is about as low as it "can" get
Despite the mortgage crisis, we have seen healthy growth in the most recent quarter.

The dollar's collapse overseas may actually help the USA, by making foreign currencies stronger in relation to ours, it will encourage foreign money to buy exported US products--which will reduce our trade deficit, improve the budget deficit, and keep our employement rate high.

I'm not an economist, though....

2007-11-08 00:19:26 · answer #2 · answered by chocolahoma 7 · 0 0

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