US dollar loses 50% of its value against all the other world currencies


	US dollar loses 50% of its value against all the other world currencies

crafty1

11-12-2009 8:42 AM

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tags:

us dollar

crafty1 says:

while lagging VERY far behind both the euro and gold. Since the end of 1999, the S&P 500 has delivered a total return after inflation of about MINUS 25%.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/bd50cb42-9cc1-45d9-b63c-20057e56b710/5F843C5A-DC5E-430C-9A57-574980A8B790/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://currencytradingpro.com/the-us-is-dedicated-a355.html" href="http://currencytradingpro.com/the-us-is-dedicated-a355.html" style="font-size: 11px;">currencytradingpro.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currencytradingpro.com/the-us-is-dedicated-a355.html"><DIV>I would also suppose that even if someone never travels 
overseas, he would understand that if the US dollar loses 50% of its value 
against all the other world currencies (everything else being equal), it means 
the US is 50% poorer relative to the rest of the world. (Now, this is not 
entirely correct, since the US has overseas assets that would appreciate in 
value in USD terms).</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currencytradingpro.com/the-us-is-dedicated-a355.html"><DIV>Moreover, stock price movements become extremely 
volatile and erratic in countries with a depreciating currency. In the long run, 
the depreciation of the currency will usually more than eliminate the gains in 
local currency terms. So, whereas in 2007 both the Dow Jones and the S&P 500 
exceeded their previous highs reached in 2000 in US dollar terms, these indices 
failed to make new highs in Euro terms. In addition, whereas the US economy 
expanded in US dollar terms between 2001 and 2007, in Euro terms it actually 
contracted!</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/5F843C5A-DC5E-430C-9A57-574980A8B790/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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