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Location: Pantego, Texas, United States

Thursday, September 20, 2007

The US dollar has declined recently to the point that a Canadian dollar is now worth more than the US dollar. The US dollar is at an all time low. I don't know what this means, but suspect we should expect inflation. No doubt the decline of the dollar has something to do with the increase in the price of oil and gold to all time highs.

The weak dollar is supposed to help manufacturing in the US. It is probably a good idea to invest in companies that do a lot of business overseas. The Fed cutting the interest rate to help the real estate industry probably causes some distortions in the financial sphere that will not be good in the long run.

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