Reply #50: The dollar's decline also often results in higher prices for oil, as I'm sure you know. [View All]

A small decline in the dollar will help us vs. Europe, though. In my home area, there are many small machine shops, and when the dollar goes down, they take business from Europe, especially Germany.

Unfortunately, the Chinese artificially depress the value of their currency, as do many countries, including India and to a lesser extent, Japan and Korea.

I wish that I knew more about the WTO and the accession treaties for China and India to see whether they are fulfilling their obligations to float their currencies under those treaties.

John Edwards (consider the message, not the messanger) spoke about enforcing trade agreements against China before taking other action. I wonder if he was on to something.