Are the devalued dollar and foreigners buying up US assets at bargain prices signs of a depressed economy?

Question

http://www.iht.com/articles/2008/07/16/america/16beer.php

http://www.boston.com/business/globe/articles/2005/02/13/with_dollar_falling_foreign_buyers_pursue_us_firms/

http://www.reuters.com/article/idUSN3040496720070502

http://www.newsmax.com/newsfront/foreign_US_buyouts/2007/10/16/41254.html

"Q I don't expect you to change it, but I do expect you to be able to say whether OPEC is completely wrong about this, or whether there is at least something to their claim that the dollar is responsible for the high price of oil right now.

WHITE HOUSE PRESS SEC. DANA PERINO: Wendell, I'm under strict instructions, and have been from the beginning, to not talk about the dollar, and I'm not going to get fired to satisfy your question."

http://www.crooksandliars.com/2008/03/11/dana-perino-under-strict-instructionsto-not-talk-about-the-dollar/

Answer 1

Yes, Check out the chart below comparing the dollar and the euro.

Answer 2

We are our biggest enemy and source of ignorance and misinformation. You still have fairly intelligent people out there running around claiming the high price of gas is due to supply and demand. As long as we as a nation continue to push this type of bull chit as educational information we will continue to be ignorant of the real facts.