exchange rates are not an indicator of the health of an economy. indeed, lowering rates can lead to export driven growth. the fall of the pound, and its eviction from the european exchange rate mechanism in 1992 preceded a period of considerable growth for the british economy.
On Tue, 2007-06-26 at 14:37 +0530, Srini Ramakrishnan wrote: > Under the assumption that the fall of the dollar (and therefore the US > economy) is underway, one conjectures as to the possible reactions of > the US government to turn the tide. >
