(and Optional Bonus Question: What is the effect of a weak home currency on a country's inflation and interest rates?)
2007-11-07 13:17:34 · 11 answers · asked by Sin™ 6 in Arts & Humanities ➔ Philosophy
Great question, as usual. It's really hard to compare a reality to a possibility. What we know is comfortable and at least a little predictable...it's cozy. We build our walls and live inside imagined gates. It's the whole velvet handcuff syndrome--we're shackled by our comfort, by our possessions ("the things you own end up owning you"-Fight Club) and routines--Most of us would rather not pick door number 1 because we have no idea what's behind it--it could even be an angel, but how can we take the chance that it's not? It's like the poem, "The Road Not Taken" or Neo's choice in pills: choose the status quo, or choose something altogether different.
Well, not sure about the weak currency; we're having the same concerns in Canada about the strong currency--too high too fast, some say. I think both countries are in for a ride.
2007-11-07 14:43:03 · answer #1 · answered by teeleecee 6 · 2⤊ 1⤋
"Know thine enemy!"
Weak home currency should mean downward pressure on inflation, and hence, interest rates to promote spending which increases the low currency value.
2007-11-08 06:21:15 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Mate, you're mixing Economics with Angels&Demons !!! lol
I'd prefer neither...Because the devil you know is someone you should stay away from, and the angel you don't know can and will disappoint you...
2007-11-07 21:44:08 · answer #3 · answered by nicknamedforprivatereasons 2 · 1⤊ 1⤋
Part 1 - You seem to be echoing a strong tenet of American foreign policy. Apparently we forgot about this when we allowed Sadam to be executed.
Part 2 - My brain is exploding! Next question!
2007-11-07 21:26:08 · answer #4 · answered by Zelda Hunter 7 · 1⤊ 1⤋
No. We must take the risk to find/know the angel.
2007-11-08 12:03:30 · answer #5 · answered by tornwax 3 · 1⤊ 0⤋
Their is no intelligent reason to embrace any devil ! Hyperinflation . Money is worth less then a sheet of toilet paper.
2007-11-07 22:36:05 · answer #6 · answered by Mogollon Dude 7 · 1⤊ 2⤋
That's OK the derivatevs brokers and private equity insiders have it all planned out. "Nothing can go wrong."
2007-11-07 22:53:58 · answer #7 · answered by Anonymous · 1⤊ 0⤋
Absolutely not.
It is the devil you do know which is preferable to the devil you don't know.
2007-11-07 21:26:38 · answer #8 · answered by Anonymous · 1⤊ 1⤋
maybe
to me he is the ANGEL OF JUSTICE
the devil punishes bad people
2007-11-07 21:25:44 · answer #9 · answered by firemaster22191 2 · 1⤊ 2⤋
huh?????????? me no comprehende, mi no speake de ingles. Loco Loco Taco
2007-11-07 21:25:33 · answer #10 · answered by Anonymous · 1⤊ 2⤋