... prices because the dollar is becoming worth less and less?
2007-11-07 00:52:41 · 4 answers · asked by junglejoe 2 in Politics & Government ➔ Politics
These wars are not free. We pay with financial pain somehow. Right?
2007-11-07 00:53:11 · update #1
Excellent question. Very close to one I asked a few minutes ago.
People here clearly have little understanding of economics.
The federal government is not devaluing the USD. The international currency market is.
The current administration has increased deficit spending more than any other prior administration. The war is certainly a large chunck of the deficit.
The large deficit has increased the money supply way beyond the increase from economic expansion. This has circulated worthless dollars. There are simply too many USD in circulation.
It will take many years of economic expansion before our economy catches up with the amount of USD the Bush adminstration put into circulation thru deficit spending.
2007-11-07 01:00:05 · answer #1 · answered by Anonymous · 4⤊ 0⤋
Yes we will pay one way or another. And devaluing the dollar and driving up the price of oil is no way to pay for it either.
2007-11-09 10:01:58 · answer #2 · answered by ? 6 · 0⤊ 0⤋
Your thinking is so twisted that it is difficult to understand. In the first place, the Vietnam war did not "kill" the US economy. Our economy is thriving. It took a down-turn when Jimmy Carter was president. That was caused by his incompetence.
2007-11-07 01:05:56 · answer #3 · answered by regerugged 7 · 0⤊ 2⤋
You are right, I don't know where we are going...
2007-11-07 01:01:27 · answer #4 · answered by GoergesBenson 3 · 2⤊ 0⤋