My name is Edgar J. Steele.
You probably already have heard this, from both others and me, but here it is again, received over the Internet from a list member quoting an unnamed source :
"This has long been said to be the line of demarcation for the US dollar. Below $0.85 there is not much to support it."
Only five or six years ago it was around $1.25. Thirty five percent is a lot of value to lose in that short period of time. From here, further decline could be faster. China - by its buying of the world's resources - is going to create enormous upward pressure on all commodity prices.
Sesame Street: Dragnet Parody - Wanted Letter W