How overvalued is the dollar?

trackwhack

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Jul 20, 2011
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China can buy every hectare of US farmland with its treasury holdings and other reserves. Remember the time the US dollar was so powerful, just a million dollars bought Alaska? I wonder why no one likes to talk about what is really happening.

Mods please change the thread title. :)
 
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mylegend

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The dollar is about the right price right now. It is not a bit over value because value is relative. US economy right now fared well against European. We all know what is happening to the Euro Zone right now... Because the crisis in Europe, funds have been fled toward countries like Japan and US for safety. Devoloping nation are traditional regarded as unsafe, so investor have no choice but to fled to Dollar and Yen as safe haven the only safety haven. Country like Brazil also attract alot of capital, but its economy isn't big enough.
 
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