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A Butterfly’s Hurricane?

Original post made by Tom Cushing, Danville, on Oct 11, 2011

As the saying goes, when a butterfly flaps its wings in Thailand, the wind blows in Michigan. In other words, everything is connected to everything else in the natural world. The same holds true increasingly in the social and financial worlds of the 21st century.

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Comments (3)

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Posted by Harald A. Bailey
a resident of another community
on Oct 12, 2011 at 8:54 am

Great Start, Tom,

Now define the potential results of the China currency bill just passed in WDC? How will the balance of monetary values be impacted and what will be the final balance of values among world currencies? How will more expensive goods from China impact our domestic spending and our economy overall?


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Posted by Tom Cushing
a resident of Danville
on Oct 12, 2011 at 12:55 pm

Harald: the floor is yours (and that really is a topic worth looking-at).

Please feel free to steal my thunder!

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Posted by Hal
a resident of another community
on Oct 12, 2011 at 3:58 pm


The Reuters, NYT and other coverage of this topic is exhaustive. Currency markets always find balance is the general point and any change in an individual currency will impact all other currencies. What is most unique in that discussion is the dollar as a global currency without role for its value in our domestic economy. The dollar in most of these articles simply finds its value in world markets and its use in global trade.

What hasn't been defined is how the global value of the dollar will change with any change in the value of China's currency and what will be the domestic result, and impact, of a change in the dollar's global value.

As you can see, I am searching for answers from reliable sources and cannot offer an opinion beyond there will be a change in the value of the dollar's buying power here at home and likely negative.

As that applies to your subject of considering Europe's impact, we can imagine multiple factions impacting the dollar in comparison to the Euro and other currencies.

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