07 March 2008

how the falling dollar impacts the economy

good story from the News Hour with Jim Lerher:

Dollar's Falling Value Ripples Through U.S. Economy
As the value of the dollar has fallen, the U.S. economy has had to adjust in a multitude of areas. While some sectors have benefitted from cheaper U.S. exports, others have felt the pinch of inflation. Paul Solman examines the impact of the dollar's value.

Youngstown, this globalization train is moving fast, with or without you. We need to figure out how to have advantage of the system in addition to complaining about it.

No comments: