Wednesday, May 19, 2010

EOC Week 3 Strong or Weak Dollar i say MIDDLE DOLLAR!!

Should Americans have a strong dollar or a weak dollar? Why did you make that choice,what will happen why or why not?

I think America should have a dollar that is in between Because either way we goes
wouldn't be a good situation.Like If we have a strong dollar people will stop using American exports so in the end that wouldn't be good for us in America. The people overall would turn to the cheaper countries to purchase their products. Then if we have a weak dollar it wouldn't be worth like anything or close to nothing. The exchange rate will benefit other countries, but our own. I always think of America as superman because we are always trying to help another country. So if we have a strong dollar weak we will be like those countries we try to save and will make us work harder for nothing.As an American we work hard for something so with either dollar it would make us working hard worthless. Plus America depends on exports for it's profit for our countries money. So having i guess you can say an average or middle dollar would help us more then wither strong or weak. If that type of dollar doesn't exist then if should.

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