Despite expressions to the contrary by politicos and economists, the nature of a weak dollar can actually benefit stagnated portions of our economy. For example, a weak U.S. dollar will actually help boost the manufacturing sector. A weak dollar can also help sell U.S. made goods in overseas markets at lower prices. A weak dollar will benefit a few European retailers who import Asian products bought for dollars and sell them in European markets for stronger euro payments. Every penny the euro rises against the dollar, means a penny in profit for these giant retailers when they translate their sales into euros. However, the rest of the exporting European community is not so pleased with a weaker dollar. Most likely this is because the products which they produce in Europe, where they pay for labor and materials in euros, are then sold in the United States and paid for with weaker dollars.Their goods also become more expensive. As the dollar falls, so do their revenues when converted back into euros. Moreover, American made goods become much cheaper in terms of the euro, currently by as much as 25 percent. U. S. manufacturers will also notice their profit numbers grow, as goods manufactured in the United States and then exported, will yield higher returns in Euro or Yen. Overall, the dollar’s weakness is caused by a growth in the total money supply, as logged each quarter in the newsletter publication, The World of Money. The effect of low interest rates and the growing Andrew Gause’s THE WORLD OF MONEY money supply on the U.S. economy are starting to be felt. The U.S. has stayed afloat as a result of these market forces. Throw into this stew the huge expenditures to keep an army in the field and the stimulation is obvious. However, recent rumblings in the financial markets have the European gnomes of money worked up into quite a lather. Recently, Mr. Giulio Tremonti, Minister of Economy and Finance of Italy, and Governor of the IMF for Italy, suggested that it is time to cut interest rates in Europe and sell the euro for dollars. A currency swap. ( See The Secret World of Money ). This second shot in the Money Wars means the euro will now be devalued in lockstep with the dollar. Inflating their currency will make ours look better. Ah, the spirit of international cooperation. In a Presidential election year, am I too jaded to suggest that the timing of this phenomenon is not accidental?