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Old 07-08-2009, 09:46 AM
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renormalised (Carl)
No More Infinities

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Join Date: Apr 2008
Location: Townsville
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Quote:
Originally Posted by Peter Ward View Post
Some truth there to be sure. Sadly the Aussie has a history of tumbling 10% in a matter of days...The fall from 0.97 to 0.68 being more
spectacular than most.
Just goes to show how stupid it was to float it in the first place...means your currency is just left to blow in the economic wind and to the vagaries of the markets. Not a good way to run a stable economy, in my opinion.