Can any one tell me if the Dollar will rise agian to the baht today I check the baht to dollar and $1=31 baht will things get better or worse for americans?
Answer:
Th value of a dollar as a currency is totally independent of whats happens geo-politically, ie-Iraq war. The value has fallen simply because the treasury has printed too much of it relaitve to other currencies. Our high national deficit and debt is paid through this money.
I think when the war ends the dollar will improve, oil prices will fall. There might be reduction in hostilities in September.
The answers post by the user, for information only, FunQA.com does not guarantee the right.
More Questions and Answers:
What amount is 350 pounds sterling in U.S. dollar currency?
Who do you think is the most important economist of all time?
Cause of Chinese deflation?
Assume that aggregate demand in the economy is excessive, causing demand-pull inflation. Which of the followin
Is free transport contribution in the alleviation of family problems?
Most economists and historians agree that not just one factor caused the Great Depression.?
I think Full Employment & Economics Efficiency are the top 2 most important economic Goals. What do you think?
Why Some People are Very Poor and some are Very Rich ?
How much money is there in the world per person?