Topic: Dollar V Euro

Here we can dump all that mess.

I like the weak dollar! In fact I say drive it into the ground.  Let's pass a law letting the federal government redeem all bonds for a payment equal to the principal plus the interest over the life of the bond.  Then, we print a million billion dollars and pay off everybody from Grandma to the People's Republic of China.  Then, with the dollar worth less than Monopoly money, we start over with a new currency linked to gold.  In fact, we can link the monopoly dollar to gold, and save some printing!  Oh yeah and pass laws forbidding anybody from buying our junk and shipping it overseas.  No sneaky buying and dismantling Rockefeller Plaza.

At the end of the day, we'd destroy the world economy, but we'd still have the farmland, the highways, the factories and the laboratories to recover with.

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Dollar V Euro

"Then, with the dollar worth less than Monopoly money, we start over with a new currency linked to gold."

Doesn't work. It was abolished with the bretton-woods accords cause it had become highly inefficient.

And it would certainly collapse your economy too. People will be made redundant and lose their homes etc. What your gouvernment needs to do is starting up some good old Keynesian projects!

God: Behold ye angels, I have created the ass.. Throughout the ages to come men and women shall grab hold of these and shout my name...

Re: Dollar V Euro

Watch as U.S living standards plunge rock bottom and a population used to borrowing to consume finds that no-one is willing to lend. Witness Americans who believe it's the service-economy where everyone can be a personal trainer, lawyer or peddle dodgy derivatives which is really propping up their consumption of everyone else's products come to an abrupt realisation that everything was not as it seemed.

The revolution will begin two weeks after even as foreign companies swoop in to buy up what remains.

Re: Dollar V Euro

well that's why I said you couldn't drag out our heavy machinery.  No  buying up Union Pacific and shipping the rail cars to China.  Although you could probably raise a private army to help you steal it...

I don't see how neoKeynesian projects aren't the same thing as printing money and throwing it away.  At least my way we'd retire some debt with it.

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Dollar V Euro

i find it funny that our government has had a blind attitude towards our economy for a long time.
nafta screwed us,our dumbasses in the whitehouse are to busy racking up kills in iraq to care about whats happening on the homefront.
i live in west virginia which never gets any help from the government so i say let the economy collapse.
i have land which will support me and mine and dont need money to actually to survive.
i started my garden,ill hunt for game to eat and i use wood for heat.
now all you people in the city can snicker at us hillbillies all you want as long as i dont catch you tresspassing on my property.

Re: Dollar V Euro

"i live in west virginia which never gets any help from the government so i say let the economy collapse."

Maybe you should elect Robert K. Byrd to the Senate for 40 years, and maybe he should pour more pork into his home state than any other single member of Congress ever?  Oh, wait...

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Dollar V Euro

"I don't see how neoKeynesian projects aren't the same thing as printing money and throwing it away.  At least my way we'd retire some debt with it."

It's a boost to the economy. Indeed, the government is making some debts, but it benifits the economy. Printing extra money on the other hand just causes inflation, wich isn't helping the economy at all, and can only be used to get rid of some debts.

God: Behold ye angels, I have created the ass.. Throughout the ages to come men and women shall grab hold of these and shout my name...

Re: Dollar V Euro

The week dollar is only good for american big buissness. For the regular people it suck monkey balls.

"Whoever said the pen is mightier than the sword obviously never encountered
automatic weapons."-General Douglas MacArthur
"Cluster bombing from B-52s are very, very, accurate. The bombs are guaranteed
to always hit the ground."-USAF Ammo Troop

Re: Dollar V Euro

Keynesian Theory is a Neo-Failure.

I have a novel Idea, Eliminate Income Tax and Eliminate Capital Gains tax.

There is not enough gold in the world to back value of the US Economy Yell.  Unless you are looking for 1 million an ounce gold prices.  Cannot do.

* * * * *

But, I do love watching the Dollar Fall like a rock. Seems like a master plan to eliminate a HUGE chunk of debt.  Its all paper its all a shell game.

You all dont even begin to understand the big picture.

Look at US Foreign investment.  Look at the size of the US conglomorates that control overseas countries.  IT IS a global Economy.

Its about time the US Dollar corrected vs. the Euro/Yen/Pnd Sterl.

Yes, Oil is up.  The rug will be yanked on that puppy soon enough.


Its a master plan.

X(

Come .......joust w/the master.
I'm always Right.   You are just intellectually Left.....behind.
Individual patriot, and a REAGAN Conservative.

Re: Dollar V Euro

Capital gains tax is BS, the idiot that came up with that should be shot and pissed on.

Re: Dollar V Euro

Waste of a bullet and a clean urine sample

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Dollar V Euro

The dollar needs to continue to weaken versus the Yuan. However, I think it will begin to strengthen as a longterm trend against the euro in the Autumn. As for commodity prices and oil prices, this is a medium term trend for them to be high. It will require a longterm effort to reduce consumption by China, EU and USA/Canada for prices to stabilise or then fall.

Biofuels = bad idea
Solar, hydro, nuclear = Good idea

Increase of fuel taxes by 25c a litre would make sense. Problem is fuel taxes are regressive.

Re: Dollar V Euro

Mace,

So? Nobody cares about poor people.

Re: Dollar V Euro

*giggles, i misread again.. 

in the first post:"redeem all bonds for a payment equal to the principal plus the interest over the life of the bond."

i read blonds >.<
damn, i should get some sleep yikes

BW wrote: "Seems like a master plan to eliminate a HUGE chunk of debt.  Its all paper its all a shell game."
w00t,  conspiraceh ?
i was kinda thinking along the same lines though

is this all really such a difficult thing to solve?
who is gaining by not solving it:P what are future gains for whom on the long term, etc,

well u guys are discussing htat already i guess

till the end of time..

Re: Dollar V Euro

Price of fuel in the USA has nearly doubled this decade. Nobody is going to get away with deliberately raising it more

Bound to happen, for thirty years everybody on earth swore US couldnt and wouldnt pay these prices. Then the iraq war made investors jumpy, and by godfrey, we could pay more and we do pay more

Biofuel would be a good idea for us except we wont stop paying folks not to grow corn and nobody will allow more refineries built nearby.

The american voter is all for a strong national economy so long as his town doesnt get more crowded too expensive too busy and too sprawling. And not too much foriegn imports and no foriegners buying up the hometown. And no unfair gap between the rich and poor.

If that makes sense to you, emigrate over here and audition for a cabinet post.

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Dollar V Euro

yell,
An advice to make your plan work. If you have a lot of very rich friends you can speed up the process by letting them buy euro's or invest heavely in propaganda.

I, on the other hand, hope that the dollar won't go down to hard. A low dollar has a few negative points, but also the potential to boost the US econ. A total crash on the other hand might seriously damage us and global economy on the long run and cause total chaos.

Re: Dollar V Euro

better sooner than later, I always say

Re: Dollar V Euro

Better never.

whatever soon the oil will be gone WWIII 5 billion people dead and humanity can start over.

"Whoever said the pen is mightier than the sword obviously never encountered
automatic weapons."-General Douglas MacArthur
"Cluster bombing from B-52s are very, very, accurate. The bombs are guaranteed
to always hit the ground."-USAF Ammo Troop