Dubai World over-reaction, Ben Bernanke Op Ed
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Originally posted 2009-12-31 23:18:16.

3:30 Did this libertarian kook just say that government spending is better then no spending at all?
the long answer is no
This can be complicated stuff, but currency prices are all relative, just because the EURO is worth $1.48 doesn’t mean that that the EURO is worth more then the Dollar. It doesn’t work that way.
Its based alot more on where prices have been, but even that is only half the story.
LMAO they are.
1 EUR = 1.48535 USD
Yen isnt yet where the EURO is but you can see my point.
LOL there not.