Don't Like a Weak Dollar? Might as Well Get Used to It (USA) - Polidicks

Score for the UK!

A really valuable dollar isn't really that good though either. On a consumer angle it is, but not for nation wide producers that sell their products to the rest of the world.

I'm not surprised. Bernake is intent on killing the value of the dollar.

[QUOTE=Honesty;29407741]I am okay with this. I assume it might lead to complications, but for now, CHEAP GAMES ON STEAM[/QUOTE] oh my god you're dumb

[QUOTE=Boba_Fett;29410183]I'm not surprised. Bernake is intent on killing the value of the dollar.[/QUOTE] mmm don't think so

Wow thanks a lot you stupid fucking government for putting us into a debt of 14 trillion dollars, sure it is a part of the problem but if we didn't have this problem then we would be the better off. I just hope that the our dollar gets stronger again, sucks having to pay twice the amount for something like groceries. Shit like that is putting Americans into debt.

get OWNED america [editline]25th April 2011[/editline] [QUOTE=rsa1988;29410263]Wow thanks a lot you stupid fucking government for putting us into a debt of 14 trillion dollars, sure it is a part of the problem but if we didn't have this problem then we would be the better off. I just hope that the our dollar gets stronger again, sucks having to pay twice the amount for something like groceries. Shit like that is putting Americans into debt.[/QUOTE] you are part of the problem

Woo. Where is our revolution when we need it.

WOOT! CANADA IS ON A ROLL!

[QUOTE=farmatyr;29407857]Looking forward to order cheap products from America the coming years. America will become the new Asia.[/QUOTE] That's require us to produce something. Right now we're pretty much locked in our shitty shitty service based economy which we are killing ourselves with.

maybe if we exported products, and stopped spending so much money on shit (government) it wouldnt be so weak now would it

It's been so weird seeing the AUD valued more than the USD, everyone's been saying it wasn't going to last for this long.

[QUOTE=areolop;29407827]When the US economy crashed, the worlds economy crashed. When the US dollar is weak, the rest of the world will also follow...[/QUOTE] I think you're confusing association with causation.

[QUOTE=cqbcat;29409306]Does anyone else think the states should have their own currency in addition to a national currency? At least states would be in control of currency and wouldn't have to worry about the federal government devaluing it. Might lead to a few problems when you try to spend money on products and services out of your home state, but your currency could be worth more than a weakling dollar. Maybe people could just use gold and silver instead. The value of those precious metals tend to stay the same, your dollar does not.[/QUOTE] We tried that. It was called the Articles of Confederation. It worked really well.

It is a difficult problem to solve considering that The Fed is the only entity with real power here and they haven't been shown to only do harm. They were the primary cause in The Great Depression in that they caused a huge amount of inflation in the 20's and then caused a huge amount of deflation in the 30's. Periods of inflation and deflation are often considered to be apart of "the business cycle", and The Fed only seems to make these worse.

Just get lots of gold and silver!

[QUOTE=cqbcat;29409306]Does anyone else think the states should have their own currency in addition to a national currency? At least states would be in control of currency and wouldn't have to worry about the federal government devaluing it. Might lead to a few problems when you try to spend money on products and services out of your home state, but your currency could be worth more than a weakling dollar. Maybe people could just use gold and silver instead. The value of those precious metals tend to stay the same, your dollar does not.[/QUOTE] I think the government should be allowed to issue its own currency. A private bank that has little to no transparency and representatives from all the major banks running it should not be in power of controlling currency. It doesn't work, and a debt based money system makes no sense. Lincoln tried to make an initiative to have the US produce its own currency, but was killed before he could put it into law. Gold standard would be quite terrible in that it is easy to monopolize. Silver would make more sense, but you really don't need value in your currency, all you need is something that people will accept. This wouldn't have been the case in earlier times, but it certainly is now. I don't think there is any reason to consider State issued currencies would be a good alternative. I'd rather suggest a Federal currency that is not debt based. It's actually been proven to work very well throughout history, but the bankers always find a way to form a central bank.

[QUOTE=Pepin;29412328]I think the government should be allowed to issue its own currency. A private bank that has little to no transparency and representatives from all the major banks running it should not be in power of controlling currency. It doesn't work, and a debt based money system makes no sense. Lincoln tried to make an initiative to have the US produce its own currency, but was killed before he could put it into law. Gold standard would be quite terrible in that it is easy to monopolize. Silver would make more sense, but you really don't need value in your currency, all you need is something that people will accept. This wouldn't have been the case in earlier times, but it certainly is now. I don't think there is any reason to consider State issued currencies would be a good alternative. I'd rather suggest a Federal currency that is not debt based. It's actually been proven to work very well throughout history, but the bankers always find a way to form a central bank.[/QUOTE] how about lets all start a revolution within the US to get the Senators and Representatives out of office and stick in some 30 y/o plumber from rural Montana. He will have more common sense about how to get things done. like: [media]http://www.youtube.com/watch?v=VO6DORwBzuA[/media]

[QUOTE=areolop;29407827]When the US economy crashed, the worlds economy crashed. When the US dollar is weak, the rest of the world will also follow...[/QUOTE] To everyone marking that dumb, when the Stock market crashed in NY, the whole world had a depression because the United States controls the world market.

[QUOTE=crackberry;29412601]To everyone marking that dumb, when the Stock market crashed in NY, the whole world had a depression because the United States controls the world market.[/QUOTE] Prove yourself.

[QUOTE=Noz;29413123]Prove yourself.[/QUOTE] I dont think you know how much the US influences the globe..

Quickly, everyone, destroy your dollar bills. The less of them there are in circulation, the rarer they shall become and thus the price for them shall increase. :downs:

Excellent news for the AUD, which keeps rising and rising. It's predicted to reach $1.12 in the coming months!

Kind of a mixed situation for Canada. It's more expensive for the US to buy Canadian goods, so businesses are having trouble, but I can buy shit cheaper.

I'm a canadian resident, I shall take advantage of the "steam sale".

Lol @ "Where is the revolution" and "get owned America" posts. The ignorance is amazing.

[QUOTE=:-P;29410380]get OWNED america [editline]25th April 2011[/editline] you are part of the problem[/QUOTE] That hurts, bro. :smith:

[QUOTE=Lizard Of Guilt;29410227]mmm don't think so[/QUOTE] It's either that or the man's just mildly retarded. Not a pleasing situation either way.

[QUOTE=Fhenexx;29408771]You know, this isn't exactly a good thing for the rest of the world, neither. Let me give you the gist of it: Weaker dollar means less money in America. Less money in America means less consumers buying exports. Less exports mean less trade. Less trade means weaker world economy.[/QUOTE] A weaker dollar may mean a better economy for Americans. It'll return the elements of the balance of payments (or BOP) to a more neutral state. First it'll restrict the amount of imports America can buy. This is a good thing (not from a consumers point of view however). Generally, the less imports a country purchases, the better. Secondly, it'll make American goods and services more attractive. They become more attractive due to the decreased cost, which is obviously due to the decreased dollar value. Thirdly, it could help grow America's economy, which helps reduce the unemployment rate, which helps credit ratings, and peoples ability to borrow money. These are all good things for the US - but not necessarily for the rest of the world.

[QUOTE=Roof;29409239]We need a Bill Clinton again.[/QUOTE] you're implying a president can accomplish anything when the congress is split