On 14 Mar 2008 16:22:42 GMT, Bert Hyman wrote:
>hatunen@cox.net (Hatunen) wrote in
>news:hd9lt3pg31d8lfivi7d64ici8dkilid3j9@4ax.com:
>
>> On Thu, 13 Mar 2008 15:24:53 -0700,
>> "EvelynVogtGamble(Divamanque)" wrote:
>>
>>>
>>>
>>>Mxsmanic wrote:
>>>> Hatunen writes:
>>>>
>>>>> Problem for whom?
>>>>>
>>>>> Many financial organizations in Europe, and some EU governemnts,
>>>>> think the euro has risen too far, too fast.
>>>>
>>>> But the euro has not risen; the dollar has fallen. That's an
>>>> important distinction.
>>>
>>>One I was also trying to make - but it fell on deaf ears.
>>
>> Why is this distinction important, and how and to whom?
>
>It's likely important to anyone who exchanges euros for anything other
>than US dollars.
That's true of any shift in exchange rates between two
currencies.
--
************* DAVE HATUNEN (hatunen@cox.net) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps * |