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Something to Think About

    I put it to you that both you and I are atheists. It is just that I believe in one fewer gods than you.
    When you finally come to understand why you don’t believe in all those other gods then you will understand why I don’t believe in yours.
    Anon


    What is a good man?
    Simply one whose life is useful to the world.
    And a bad man is simply one whose life is harmful to others.
    There are, however, those who are harmful and yet enjoy a good reputation, and who manage to profit by a show of usefulness.
    These are the worst of all.
    Chang Chao, 15th Century


    When the power of love overcomes the love of power the world will know peace.
    Jimi Hendrix


Archive for September 30th, 2007

US Dollar Index Explained

I’ve received a number of questions about the significance of the US$ Index.

The US Dollar Index is an average of six foreign currencies, weighted in accordance with somebody’s perception of their relative importance in the year 1973, when the world’s major nations first let their currencies start to float “freely” against one another:

  1. 1. Euro - 57.6%
  2. Japanese Yen - 13.6%
  3. British Pound - 11.9%
  4. Canadian Dollar - 9.1%
  5. Swedish Krona - 4.2%
  6. Swiss Franc - 3.6%.

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Global Snapshot

US$ Index 77.34 <<
US Debt 9.057 tril >>
US Debt Limit 9.815 tril

>

Gold $765 >
Silver $13.50 >
Oil $88.60 >
Mil. Bases 760 -
Mil. Expen. $634 bil >
Population 6.62 bil >
Religion 84% -
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