$0.73 to 1 Euro, $1 to 1.01 CAN$, what is going on now? When will our $ go back up?
Anything to do with GWB?
Need some feedbacks...
2007-09-20 07:33:06 · 11 answers · asked by ? 3 in Politics & Government ➔ Other - Politics & Government
it wont until we go back on the gold standard and quit printing money with nothing to back it up
vote ron paul
2007-09-20 07:38:40 · answer #1 · answered by Anonymous · 3⤊ 1⤋
I doubt it ever will. It's hard for me to understand at times myself. All I know is it used to be something to be a millionaire. Now it's nothing. When I was born a brand new car cost less than 2,000. You can have a bucket load of money but it's worthless if it's still not enough to buy basic things. Our money was backed by gold....it's not anymore. Right now they are working with not much more than a charge card and no means to pay it. Forget it when other countries want to cash in their American money. Last I heard the dollar was really only worth....can't remember if it was 4 or 40 cents. Either way.....not worth much.
It's more than GWB.
2007-09-20 14:47:55 · answer #2 · answered by Anonymous · 2⤊ 2⤋
When it's backed by something other than hot air.
The dollar is currently based on the US GNP. Until we get our economy in order, you might as well invest in euros.
2007-09-20 14:41:47 · answer #3 · answered by Anonymous · 4⤊ 1⤋
You must be a Canadian.
The declining dollar isn't that bad really. It makes imports more expensive and our exports cheaper.
If you are a factory working in the US, it hasn't fallen far enough.
2007-09-20 14:40:03 · answer #4 · answered by joe s 6 · 1⤊ 2⤋
When the US work ethic goes up...and the morals of our elected leaders go up...I could go on and on but I think you get it.
2007-09-20 14:39:36 · answer #5 · answered by chris m 5 · 1⤊ 1⤋
When a Democrat is back in the White House.
2007-09-20 14:38:40 · answer #6 · answered by Anonymous · 3⤊ 4⤋
Decreasing value of the dollar is not a bad thing.
2007-09-20 14:38:30 · answer #7 · answered by regerugged 7 · 2⤊ 4⤋
when we get gwb out and the clintons back in !!!
2007-09-20 14:40:13 · answer #8 · answered by smurfee68 5 · 1⤊ 3⤋
DON'T HOLD YOUR BREATH. WITH OUR TRADE IMBALANCE IT'S ADVANTAGEOUS TO THE USA TO HAVE A WEAK DOLLAR. THAT WAY IT HELPS THE BALANCE OF TRADE.
2007-09-20 14:41:32 · answer #9 · answered by Loren S 7 · 1⤊ 2⤋
When we can back it up by gold and not debt.
2007-09-20 14:39:01 · answer #10 · answered by Anonymous · 3⤊ 1⤋