you're getting further and further away from the topic, again.
Quote:
|
All the markets established and/or developed in that whole region bring U.S. profits, and all the transactions will be made in U.S. dollars, only (!), including the most "precious" gas and oil. It brings more than trillions, back.
|
the profits are being realized by the companies, but they aren't being realized by americans in general. the labor market remains weaker than it should be - especially if bush's rosy picturure matched up with reality. and growing inflation is MUCH more important to the economy than any profits the couple companies in iraq are making. like i said before, consumer spending fuels 2/3 of the economy. higher inflation, especially that which grows faster than wages, will decrease consumer spending. corporate profits are almost meaningless against that issue. exxon made record profits during the recession, if i'm not mistaken, and the economy as a whole did not benefit whatsoever.
so, like i said before, success in iraq (this time with respect to profits made in iraq) will not do anything to help the dollar. and as it falls, inflation goes up and our standard of living is affected.
can you give a solution that will cause the dollar to appreciate?