Please take an econ 101 class before commenting on something you apparently know nothing about. The economy is very strong and the exchange rate has to do with import/export imbalances, tariffs and other mitigating factors.
2007-11-03 07:51:29
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answer #1
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answered by booman17 7
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globalism throws a big wrench into this whole analysis. When the NYSE burps its echoed around the world. The world would first have to disentangle itself from our economy for the dollar to really tank.
I do however like to bash the current low interest high inflation system and the debt culture. Since thats why we will be needing lots of dollars to buy milk etc.
2007-11-03 07:48:25
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answer #2
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answered by Anonymous
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After the dollar will become valueless this is going to likely get replaced by the Amero merely like Bush needs to greater his globalist time table.I wish i could desire to have stocked up in gold yet i'm between the numerous which will could desire to holiday it out.
2016-10-03 06:27:19
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answer #3
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answered by Erika 3
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You can be sure that the present monetary system will die. It cannot survive--hyper-inflation will arrive---other countries will tie to another currency--the dollar will not be the world's choice of exchange...It looks as though the North American Union may be in the plan to bail out our woes with the "Amero".
2007-11-03 08:03:21
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answer #4
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answered by doubleolly 5
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lil kim nailed it. i suspect the irrational moves of the stock market are your focus...even a brief overview will show overseas investments are creating the positive numbers. and price speculators are currently free to do as they please,(think oil prices). peace,stability,war, imperialism, etc. it doesn't matter to them, they will always turn a profit.
2007-11-03 08:03:15
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answer #5
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answered by bilez1 4
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The US economy won't become worthless.
Sorry for the reality check.
The plunging dollar is pushing exports to new highs.
When you have one of the highest number exports and imports coming into your country, the rest of the world will NEVER view your economy as worthless.
Peace and stability?
Another reality check for you.
That's not happening any time soon.
2007-11-03 07:47:19
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answer #6
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answered by Anonymous
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the problem is your politics have nothing whatsoever to do with the poltical scene youve described. the real reason of a run on the dollar would be a reaction to the confiscatory taxes and failed welfare schemes of the pelosi/reid regime. the fiscal policies havent worked since the sixties and wont work now.
2007-11-03 08:00:50
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answer #7
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answered by koalatcomics 7
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Get serious. Such a downturn would clearly be Bill Clinton's fault.
2007-11-03 08:00:36
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answer #8
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answered by golfer7 5
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When our economy gets even better maybe YOU will learn.
2007-11-03 08:09:34
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answer #9
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answered by Anonymous
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We have to get a Democrat in office to fix things then we can get a Republican again to mess things up
2007-11-03 07:47:49
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answer #10
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answered by Anonymous
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