FlyerTalk Forums - View Single Post - Appreciation of dollar.
View Single Post
Old Dec 20, 2011 | 6:59 am
  #13  
slawecki
FlyerTalk Evangelist
 
Join Date: Dec 2000
Location: south of WAS DC
Posts: 10,131
the currency problem in europe is the over value of the euro(germany excepted). a 10-20% adjustment is needed. in the beginning, the euro was thought to be pegged with the dollar. bushII made adjustments that pushed the euro to unrealistic values.
slawecki is offline