Please, 'conservatives', explain this to me...
2007-07-17 03:46:39 · 12 answers · asked by Anonymous in Politics & Government ➔ Politics
Baltek, you gave an answer defining 'weak dollar' I need to know how it relates to a 'strong economy'
2007-07-17 04:05:01 · update #1
Caleb, you forgot to answer the question. When you are done laughing at me, I would appreciate an answer to my question. That is, if you HAVE an answer...
2007-07-17 04:07:31 · update #2
deficit spending. borrow and create and spend more money lowers the value of the dollar.
i'm not an economist or a conservative so don't take my word for it.
2007-07-17 03:50:44 · answer #1 · answered by ? 6 · 8⤊ 0⤋
Because we import far more than we export. This means that supply of dollars overseas is high, while the demand is relatively low. Because of the laws of supply and demand, this results in a cheap 'price' for dollars on the international market. This is what we call a weak dollar.
*edit*
A weak dollar does not relate to a strong economy in any direct way. The value of currency is dependent on trade, which is influenced by the strength of a nations economy, but not necessarily dependent on it.
2007-07-17 03:52:57 · answer #2 · answered by Anonymous · 5⤊ 1⤋
A weak economy has more to do with a strong dollar than a strong economy does.
In the great depression we had a very strong dollar.
The reason we have a weak dollar is,the government is printing more dollars.(supply and demand)
2007-07-17 04:27:40 · answer #3 · answered by Anonymous · 0⤊ 1⤋
The weak dollar is based on the American Dollar versus other countries currencies. Tremendous amount of imports versus smaller amounts of exports lowers the dollar value.
The dollar is good here it just sucks to go to Europe or parts of Asia to spend it.
2007-07-17 03:54:04 · answer #4 · answered by poorboy 1 · 2⤊ 1⤋
I'm a con but you won't get an arguement out of me that our economy is good. using the US military to ensure demand for the petro dollar won't last. Recession here we come.
2007-07-17 03:58:29 · answer #5 · answered by Ted Kennedy 2 · 5⤊ 0⤋
It's not a strong economy. It's just like 1929 before the crash. The stock market is having the "fool's Rally" just like 1929. Hold your hat. We are going down.
2007-07-17 03:55:46 · answer #6 · answered by anya_mystica 4 · 6⤊ 2⤋
I'm not a conservative and I don't have an answer, BUT I LOVE THE QUESTION. :)
2007-07-17 04:57:27 · answer #7 · answered by Funny Girl 4 · 1⤊ 0⤋
Strong for who? The rich get richer and the poor and middle class pay for it.
2007-07-17 03:51:20 · answer #8 · answered by Follow the money 7 · 7⤊ 3⤋
This can only happen in Rebubloland! *sm*
2007-07-17 04:09:04 · answer #9 · answered by LadyZania 7 · 1⤊ 0⤋
When everything costs more you have to pay more. D' oh!!!
2007-07-17 03:51:31 · answer #10 · answered by Anonymous · 4⤊ 1⤋