And as the chart below shows, as wealth grows, even small percent declines become
huge dollar declines.
Not exact matches
China pays a
huge price when the U.S.
dollar declines.
Coincidentally, in same 1978, the oil boom period which started in 1971 had begun to
decline with the then military government having nothing to show for the
huge petro
dollars that accrued to its coffers.
Most importantly, Canadian - listed Agrium shares are seeing a
huge boost due to the
declining dollar, since earnings are reported in U.S.
dollars.