tag:blogger.com,1999:blog-10424035.post4770854633168420004..comments2023-09-11T08:58:24.710-06:00Comments on Reach Upward: The Changing Dollar Differential Does Not Mean a Bad EconomyScott Hinrichshttp://www.blogger.com/profile/11831447472339880148noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-10424035.post-32922958724235147572007-11-30T19:56:00.000-07:002007-11-30T19:56:00.000-07:00That's not necessarily a bad thing. It allows oth...That's not necessarily a bad thing. It allows other nations to diversify their holdings instead of relying so heavily on the USD. It simply means that other nations are performing well. It actually means that there is less internation strain on the USD and that the so-called trade deficit can be reduced.<BR/><BR/>Even if other nations sell off some of their dollar-based instruments, there will still be a significant market for the purchase of those instruments. However, they are likely to be sold off in smaller to chunks to a variety of nations. This will actually diversify our nation's creditors, making us less beholden to major interests.<BR/><BR/>The dollar's condition is not nearly as bleak as many make it out to be.Scott Hinrichshttps://www.blogger.com/profile/11831447472339880148noreply@blogger.comtag:blogger.com,1999:blog-10424035.post-52221879628475683902007-11-30T09:39:00.000-07:002007-11-30T09:39:00.000-07:00I guess what I'm worried about is if China and Jap...I guess what I'm worried about is <A HREF="http://economicspolitics.blogspot.com/2007/11/america-nation-among-equals.html" REL="nofollow">if China and Japan decide suddenly to invest in Euros</A> and get rid of their dollars.Frank Stahelihttps://www.blogger.com/profile/01822334061980912687noreply@blogger.com