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Subject: Re: Value of the dollar Posted on: Fri, 02 May 2008 11:59:15 EEST

John Kulp wrote:

> Well, Mr. Henry, since you're the self-appointed expert on the
> subject...

No, as I said in another reply, I am not an expert, self-appointed or
otherwise. I just wanted to point out that the Euro did not start in
2002 or 1996 or 1990 or any time other than when it in fact did.

Ä propos, there was a very interesting article in yesterday's _New York
Times_ which you can find easily enough online. Here is the headline and
lede

May 1, 2008
MEMO FROM FRANKFURT
As Euro Nears 10, Cracks Emerge in Fiscal Union
By MARK LANDLER
FRANKFURT — The euro turns 10 next January...

and later in the story he says

'...in the late 1990s, when the monetary union was being created...'

and

'...the euro began circulating in 2002, three years after its adoption
as Europe's currency.'

This is not particularly hard to understand. Are you being deliberately
obtuse, or what?

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