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<p>[QUOTE=&quot;GoldFinger1969, post: 26538709, member: 73489&quot;]It won&#039;t hurt, but it&#039;s not a magic elixer.&nbsp; Energy costs are much more important and we have a huge advantage there over all but the MidEast countries.</p><p><br /></p><p>If you weaken the dollar...and CBs/SWFs dump Treasuries...then rates go higher....that offsets any manufacturing edge. </p><p><br /></p><p>What worked in the 1970&#039;s won&#039;t work today.&nbsp; The UAW once had 850,000 members making cars...today they have 150,000.Next time we are raising rates, the dollar shoots up.Yup.</p><p>All of these variables can lead to a falling or rising other variable. You can&#039;t predict or tell -- you just have to let it play out.&nbsp; Folks much smarter than us spend BILLIONS to get this right and oftentimes they do not.We can pay it off quite easily just by bending the entitlement and cost curves. </p><p><br /></p><p>State and local debt is where the bubble is because of pensions and OPEBs.</p><p>I believe they had more in gold than Treasuries in the 1970&#039;s and early-1980&#039;s.&nbsp; But your point is noted.[/QUOTE]</p><p><br /></p>

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