2007-07-14 03:43:04 · 15 answers · asked by Anonymous in Politics & Government ➔ Politics
Bush dollars are worth nothing in the world markets and has fallen to its lowest point in history .
We had better credit in 1720 then we do now .
2007-07-14 03:44:08 · update #1
I propose we go back to the gold standard. The Federal Reserve is privately owned.
2007-07-14 03:47:27 · answer #1 · answered by Anonymous · 4⤊ 1⤋
You obviously have absolutely no knowledge of economics.
First, a weak dollar is not always a bad thing. I would like to see where you are getting your facts when you claim that the dollar is at it's lowest point in history; this is a blatant fabrication either by you or someone you read. Anyway, a strong dollar is a double edge sword. While true when the dollar is strong, you have more buying power when importing. But, you also have a high inflation time when the dollar is strong and inevitably, exports go down with a strong dollar, because American made goods are too expensive on the world stage. This inturn leads to downsizing of American manufacturing companies and the loss of American jobs. EX., CLINTON!!!!
Also, another piece of rubbish you spew; you say we had better credit in 1720 than now!??? From where did you make this little "fact" up? Please show an example of when the United States has EVER been unable to repay a loan. One instance, please. The United States has NEVER defaulted on a loan. Period.
Please become informed and try again.
2007-07-14 04:02:28 · answer #2 · answered by Anonymous · 1⤊ 2⤋
at present a great bite of Asia is owned by American and eu investors. the final Asian nonetheless has an prolonged thank you to bypass to realize the existence standards of the Western countries (Japan excluded). i think of the ability will shift from North usa to the united Europe (West & East), yet that does no longer recommend the area is that undesirable in usa nor that magnificent someplace else. As for the chinese language and jap Europeans, they're the hot shoppers which will shop an analogous international capitalist device working.
2016-10-01 14:31:06 · answer #3 · answered by ? 4 · 0⤊ 0⤋
I like the look of the new dollars. My 1999 dollars are wearing kind of thin. They do still work just as good as the new ones except in vending machines. But I have to admit I haven't seen any with Bush's picture on them. What denomination are they? I will ask around to see if anyone has one I can take a look at. I'll get back to you on that.
2007-07-14 03:49:31 · answer #4 · answered by John himself 6 · 2⤊ 3⤋
That last link (from justgoodfolk) is an eyeopener... and coming from a former Reagan advisor, along with a Treasury assistant under Bush Sr.?!
2007-07-14 04:01:09 · answer #5 · answered by Jen O 3 · 1⤊ 0⤋
1999 dollar vs Euro was about .89 cents. Now it's 1.37.
About a 40% decrease in buying power. Don't be surprised if the Euro becomes the main currency of the world soon.
2007-07-14 03:49:12 · answer #6 · answered by Anonymous · 4⤊ 2⤋
He just devaluing the dollar to get ready for the Amero, which will replace the USD, the Canadian $, and the peso.
2007-07-14 04:31:01 · answer #7 · answered by .... . .-.. .-.. --- 4 · 2⤊ 0⤋
The 1999 dollar of course.I'll gladly stick to my Euros now.Bush bankrupted America
2007-07-14 03:51:31 · answer #8 · answered by justgoodfolk 7 · 4⤊ 2⤋
Is this a trick question? If i take the 99 dollar, am i still paying 3 bucks a gallon for gas?
2007-07-14 03:47:05 · answer #9 · answered by dCon 5 · 2⤊ 2⤋
There is no such thing as a Bush dollar. The labor unions helped ruin things.
2007-07-14 03:57:03 · answer #10 · answered by Anonymous · 0⤊ 3⤋