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From: Barrunka (152dep133.dep.state.fl.us)
Subject: Good business tactic. US Exports will grow.
Date: January 13, 2005 at 12:28 pm PST
This will also devalue our foreign debt: *****************************************
U.S. powerless to dollar's plunge?
The not-so-almighty dollar will keep deflating, analysts say, pushing prices up for U.S. consumers.
January 13, 2005: 3:01 PM EST
Aaron Smith
NEW YORK (CNN/Money) - The not-so-almighty U.S. dollar will continue to lose strength as the trade deficit widens, and there is little or nothing that the government can do about it, according to analysts. The impact on the American consumer will be felt most by travelers overseas, said David Wyss, chief economist for Standard & Poor's, who expects the dollar to fall 10 percent by the end of the year.
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