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Crash of the US Dollar

 
 
RedOct
 
Reply Fri 21 Sep, 2007 02:39 pm
Hiiiii
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Type: Discussion • Score: 1 • Views: 804 • Replies: 4
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Freeman15
 
  1  
Reply Fri 21 Sep, 2007 10:14 pm
This is exactly why we need a specie-backed currency, a balanced and small federal budget, and independence from other nations.
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briansol
 
  1  
Reply Sat 22 Sep, 2007 01:07 am
@RedOct,
a weak dollar promotes international trade. its good for the global economy, for a little while.

Frankly, i hope we get super inflation, so that way my mortgage payment turns into pocket change Very Happy
Freeman15
 
  1  
Reply Sat 22 Sep, 2007 09:08 am
@briansol,
What we need is to stop exporting our manufacturing sector. If we keep our industry here, foreigners will buy dollars with their currency so that they can buy our goods. A strong dollar is important.
0 Replies
 
wvpeach
 
  1  
Reply Mon 24 Sep, 2007 08:52 am
Good post red oct

And I agree with freemans posts on this subject.

The crash is coming and has been visible for the last ten years.

Reagan started these policies and it has continued with every president since. Including Clinton. This is all the plans of the American Century Project and other elitists .

The lack of a American manufacturing base is a real problem for our economy and worse yet it is a real security hazard . We don't even make enough steel in this country to arm ourselves anymore.

And that is not one presidents policy to blame for that . That is part of a long term plan to dismantle this country and level it to the living standards of the rest of the worlds working poor.

Bush has just reached a time in history when he does not feel he has to hide the stuff he does, and that is sad. Means we are almost at the end of the America we knew.
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