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Thread: How long will US dollar's decline last?
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[quote=JIMMYB,274938]"I can tell you for a fact, any economic pain in America, will translate to a painful disease around the world." Exactly, JC. And that is why I posed this question here. If dollar depreciation lasts for a very long time, the world economies will go to their downturn too. As I said, EU has felt the pressure and they decided to maintain the interest rates. It is said that EU had intended to cut its interest rates. However, Euro enjoys a high exchange rate against dollar. If they cut the interest rates as US did, inflation might be caused. Therefore, I hope that dollar can recover as soon as possible. [/quote]
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