You don't seriously think anyone gives a damn about anyone else do you?

People donate to feel good about themself not to help others.

The US is exporting a tremendous amount of inflation to the rest of the world but they're hardly doing it intentionally.

Poorer countries of the world tend to have economies which are primarily resource or agricultural based so they will benefit from higher commodity and food prices if we will allow them to sell their produce to us instead of putting up trade barriers to protect our "poor" farmers and their jobs. The middle and poorer class of the West will probably have to tighten their belts though but that's the nature of capitalism - can't have it all ways.

So, two years ago, everything was just fine.
But, a bunch of people got together and said, lets deflate the dollar, and all get rich.....yea.

Global demand for Oil has nothing to do w/the price of oil.
STUPID ethanol requirements by stupid govts, sticking their nose in the market has nothing to do with rising food costs.
global trade imbalance with the US has nothing to do with the falling dollar.

If anything the US is taking it on the chin w/oil, not the rest of the west.
As the dollar has fallen, and oil has risen, the Euro vs. oil has seen little impact in true value.

Its all good.  The US even in a hiccup as it is now, driven by the real estate bubble is fine.

"But, a bunch of people got together and said, lets deflate the dollar, and all get rich.....yea."

Why is the notion ludicrous, BW?

"The US is exporting a tremendous amount of inflation to the rest of the world but they're hardly doing it intentionally."

Why not intentionally, Tavius?

Think about it.  Who actually has something to gain by war and the resulting rise in oil and food prices?  What exactly is it about your social conditioning that leads you to scoff at the possibility and not even consider it?

I don't understand, the USA doens't import all that much food...how could our dollar cause worldwide trouble in food prices?

Inflation is exported from the U.S chiefly because there are alot of countries with their currency pegged to the dollar or have an interest in maintaining U.S dollar value and thus U.S consumer demand. Some of these countries prop up the U.S dollar by printing more of their own currency to buy up U.S dollars in a bid to prevent freefall. Not just big players like China or Japan but smaller countries are sending their hard-earned as well.

80% of the world's savings are diverted to the U.S to shore up the dollar which should be much lower than here. But you don't need some conspiracy theory to explain any of this. Currency markets are something like $3T a day, good luck to "social elites" trying to influence this. The world (including U.S) will benefit from a full U.S dollar collapse to severe the unhealthy relationships that presently exist LT.

The American consumer does not recognize the fact that the rest of the world is supplementing his consumption. They also do not recognize the fact that a falling currency directly affect their cost of living. In their eyes the housing collapse is because of big banks being greedy and lending money to everyone, its not because of people borrowing and spending more than they produce.

"A falling dollar has no effect domestically."

LOL, its obvious you have never left the US to see the effects of a falling dollar on a country.
Do you know why foreign countries cant sell their goods when the dollar falls? Because the people cant afford to buy it anymore.

@ Han

Never left the country?  errrrrr ?!?!?!

I dont care.  US spending will be on what is prudent to the individual consumer.  Do you think they pay attention to exchange rates ??

hehe....  Told you all, been saying it, and will always say it.  So goes the dollar, so goes the global economy.
You all wish for it to fall, well it fell.

Exporting poverty....or exporting inflation.  Lets make up our minds here kids.

You can only export, what someone overseas is willing to buy.

So, XENO....... basically the world is purchasing poverty from the US ?
Isnt that a stupid purchase ?

and you are asking me what I can or can not see ?

hehe.  Wait till the Euro follows the downward spiral when they flood the market w/Euros.  Trying to inflate the dollar to help their export economies that so depend on US consumption.

The Euro and the Canadian Dollar.....maybe the pound, maybe the Aussie dollar.  Not so the Yen....yet.

Silly anti-American types.

Its all about free-trade and the markets guys.  Its all good.  Dont be so pained.

Demand has so little an actual effect in the United States. The true effect is over doing government interference with the product and with the prevention of usage of Nuclear oil, tapping other oil area's and so forth.

Mandating more than 100 different formula's for oil inside the United States cause each State has the right to force such mandates (winter and summer fuel standards, plus they have other standards for diesel and unleaded) has lead to a refining nightmare. When you have as much shut down time, cleaning the tanks time, and surging a new product time as the refineries have, you create a speed bump from hell on the actual distribution of fuel, plus a huge increase in the cost of the refining. Federal legislation forcing the States to make regional agreements instead of separate standards would go a HUGE WAY towards reducing prices.

Then there is the huge barriers against getting new oil here in the United States. The cost to get at oil is increasing not from the difficulty of physically obtaining it, but from the legal hurdles thrown at them by environmentalist groups which are being tolerated by the Democrat Party. So the cost of US oil is much higher than it should be due to the requirement that the oil companies keep legal teams to help keep squashing these frivolous lawsuits.

Additionally the main cost we experience here in the United States is transport costs. Price of oil goes up, so does transport costs of that oil. Pipelines can only help so much, since trucks, trains, and ships are needed to distribute the oil and gas products later. By having a higher proportion of our more local oil tapped we can reduce transport costs, and therefore reduce the costs inside our nation.

Finally if we would allow nuclear reactors to go up and expedite them asap, we could reduce oil needs in the power industry tremendously. Additionally with new technology which should be starting to be available in the next few years to almost a decade, electric power can finally be very effective as a replacement for most oil sources, making nuclear power even more substantially profitable and desirable.

@ Canadian Tire.  Hehe......go back and read my post....again.  even the slightly educated will realize that was rhetorical in nature.  I was being facetious.

So, Canadian, who is STUPID now.......dumbass.

the problem with nuclear power is that it is not a renewable resource, uranium is going to run out too