May

17

Euro touches four-year low against dollar, recovers. The euro fell to $1.2237 in early trade on Monday, but then recovered to trade at $1.2307. News Report.

The news says Euro at a four year low. It means little to me, but I do want a super strong dollar. Not for envious reasons, or because I want to buy foreign goods, but because a strong currency goes hand in hand with a low inflation rate, as Gustav Cassel and Harry Johnson taught.


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