Tuesday, June 20, 2006

The Real Cost of War. Dollar value down over the last year.

Well placed sources inform me that the cost of scientific equipment purchased from European manufacturers by American researchers has risen 34 percent over the costs of that same equipment last year. Same equipment. No changes. No materials changes. Nada. Zip. Zilch. In fact from the European perspective there has been no cost change -- if you buy with Euros the price hasn't risen at all. Hmmm. Now what does that mean? Maybe the apparent fact that the dollar has lost a third of its worth in European markets over the last year shows the level of confidence the rest of the world has of us. Money talks.

The source information came from the cost of deuterium lamps in case you are interested.

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