Dollar

I wish I understood the intricacies of the currency markets. They talk about the dollar rising or falling and I have a real hard time wrapping my pea brain around what they are talking about and the concequences of it. I do know that a falling dollar makes our exports cheaper worldwide and imports more expensive which helps out the trade deficit that everybody complains about. That's why I found this story about the <a title="Worldwide effects of sinking dollar" href="http://www.csmonitor.com/2004/1122/p01s01-usec.html" target="_blank">falling dollar</a> interesting. Intrest rates may go up, "run on the dollar," Central bank interventions, a lot of things can happen and understanding all the nuances is like trying to figure out a woman, real difficult. <br />n<br />nWhether there is "run on the dollar" (whatever that means) or foriegn banks move to support the dollar to support thier own exports, which if I recollect happened the last time the dollar fell like this, it's going to affect us and all our businesses. That's why I wish I understood it better so I would understand the implications of everything they talk about but this dumb cowboy just don't have enough smarts to figure it out. I'll just have to roll with the punches and deal with it.<br />n<br />n<b>The value of a dollar is social, as it is created by society. Ralph Waldo Emerson</b>