Quote:
Originally posted by Azred:
quote:
Originally posted by John D Harris:
Az, do you know, or have an idea at what point the weak dollar reaches a diminishing return? I don't know where that point is.
|
Unfortunately, I don't. I suspect that there is no set point or formula and would depend more upon the overall economic state at a particular point in time. That is to say, a devalued dollar would have different effects depending upon whether you consider 1978 (high inflation and unemployment) or 1998 (low inflation and unemployment). [/QUOTE]Fair enough, inflation and employment along with the other factors you sited earlier would have some effect on the over all.
It's a lot like "Engulf and Devour" from Mel Brooks Silent Movie They got their fingers in everything, it's all intertwined and more then one factor has an effect.