2007-09-29 22:26:48 · 4 answers · asked by slowsmile 2 in Politics & Government ➔ Politics
Sounds like you want other countries to keep living off of the consumerism of Americans. That will eventually bankrupt America and create a worthless U.S. dollar.
A strong U.S. dollar only results in the transfer of the U.S.'s wealth to countries with a strong manufacturing base and weaker currencies. Those manufacturing bases were created by countries with strong currencies. A strong U.S. dollar also increases national debt.
With a strong U.S. dollar we are transferring wealth to other countries while teaching them how to compete against us.
Countries around the world are practicing protectionism by devaluing their currency in relation to the dollar.
China has been devaluing its currency while pegging the U.S. dollar. That is economic terrorism that will eventually bankrupt the U.S..
Why Do People Keep Thinking A Weak Dollar Is A Disaster?
http://answers.yahoo.com/question/index;_ylt=AnrhWLpw.6VdOk_D_z.iyzfty6IX;_ylv=3?qid=20070920193903AA1OcdY
2007-09-29 22:29:54 · answer #1 · answered by a bush family member 7 · 0⤊ 1⤋
OPEC must be forced to produce more oil so that oil prices will drop according to the law of supply and demand. The dollar must be strengthened by the US government so that there will be a balanced economy.
2007-09-30 05:32:48 · answer #2 · answered by FRAGINAL, JTM 7 · 0⤊ 1⤋
Lets see - if we could produce more oil, or buy less on the world market, the price should come down. So why do liberals stop any progress toward drilling in ANWR, and why do many liberals stop efforts toward nuclear power? Whose side are liberals on?
2007-09-30 05:40:44 · answer #3 · answered by Anonymous · 1⤊ 1⤋
opec must produce more oil,,
2007-09-30 06:19:28 · answer #4 · answered by Anonymous · 0⤊ 1⤋