Tuesday, March 18, 2008

Maureen Dowd needs to take Econ 101

Maureen Dowd shows a utter lack of economics in her OpEd Piece.

Ms. Dowd, the dollar trades in a MARKET driven by supply and demand. Foreigners are dumping dollars because they can get a better return else where! The President nor the Federal Reserve controls the daily foreign exchange rates of the dollar!

Oh yea, the price of gasoline is set also by the MARKET. You know supply and demand! The world is demand a resource that is in short supply!

If you had any clue about economics please show that that intelligence in your OpEd pieces!

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