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

[Capitulazyguy]

[QUOTE=ijyt;29407861]£1 = $2 please.[/QUOTE]

And then David Cameron devalues the pound to please "our American cousins who were our senior partners against the Nazis in 1940".

[DainBramageStud]

[QUOTE=ijyt;29407861]£1 = $2 please.[/QUOTE]

it was like this a few years ago

glorious times

[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]

welcome to the real world america

most people would kill to pay the prices you do now

[tier56]

[QUOTE=DogGunn;29416228]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]

So theoretically, for the US, everything would go better than expected, but the rest of the world would be fucked?