I know diddly about macroeconomics, but other than a prestige thing, is there actually anything bad that results from the dollar falling (assuming no domestic inflation)?
so, a neutron walks into a bar, and the neutron asks the bartender, "How much for a beer?"
The bartender replies, "For you, no charge."
This isn't rocket science, hoss. The market is a very volatile, particularly during times of uncertainty. Oil is up, meaning you had better hope your fund manager hedged a bit and predicted a Bush victory. On the off-chance mine didn't, I called him and made sure he moved some assets around a bit.
The dollar will continue to fall, and it isn't necessarily a bad thing. It may even force China into reckoning with their own vis-a-vis the US dollar.
Buy Dollars!!! It won't be this low forever.
