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A Falling Dollar Does Nobody Any Good

Our Correspondent
Oct 17, 2007
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A Falling Dollar Does Nobody Any Good
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Although the vast majority of economists are currently hailing the free fall of the dollar as a windfall for American business, the dollar’s demise is a disaster for American consumers. And a disaster for American consumers will ripple across the world to Asia, which sends 34 percent of its exports to the US. It is very hard indeed to decouple from the …

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