Excuse me sirs,
While I am a faithful reader, I am aghast at the lack of understanding of economics. Do any of your writers or experts understand how money works? Last week, a simpleton boldly predicted that the US dollar would rise Tuesday with the first shipment of Iraqi crude. This didn't happen. Let me make one thing clear: The dollar will remain weak until the US Federal Reserve decides to raise interest rates.
I will speak in general terms, so not to confuse you. With every reduction of the interest rate, the supply of the US dollar increases. By increasing the dollar supply, the international value of the currency is naturally reduced. While this may be a bad thing for countries that rely on US imports, it is a good thing for the
Pravda.ru should spend more time educating their readers with the facts and not just blindly printing asinine opinions.
A concerned reader