2007-11-21 04:33:23 · 12 answers · asked by Anonymous in Politics & Government ➔ Military
It's not worth less at this moment! But it won't surprice me when it is! Last year we used to get like 50 RS for 1 Dollard, and NOW its ONLY 38 Rs. Today I looked up in news and it was like 37. something!
2007-11-21 06:15:54 · answer #1 · answered by Flying Soldier 6 · 1⤊ 0⤋
The dollar isn't worthless; that claim has no basis in reality.
Simply because the currency is currently low in value compared to the Euro and other currencies doesn't mean that it is worthless. Anybody with any economic literacy would know this.
And the relative strength or weakness of the $$ has no relationship to the strength or weakness of the military. Again, no basis in fact for this statement.
I suspect you vote for the Democratic Party - you haven't the sense not to!
2007-11-21 04:44:08 · answer #2 · answered by Anonymous · 2⤊ 2⤋
You need to look at history, we still won WW2 even though we had a depression prior...
Our money is NOT worthless, unless you live in Cuba, Iraq or Venzuela, then it's only worthless, for political reasons (for everything else it's the most valuable money around!!!)
2007-11-22 07:59:36 · answer #3 · answered by joseph b 6 · 0⤊ 2⤋
"The value of money is thus the value people attribute to what they want to exchange, no more, no less"
Milton Friedman
Think about it. How did the US pay off the WWII war debt, Korean war debt, and Vietnam?? Just watch by 2010 the Iraq war debt will have been reduced by 30% in real dollars through inflation.
And just how do you think a government causes inflation?? Notice I didn't say the dollar amount would be reduced, the value attributed to what we want to exchange is what will change.
2007-11-21 05:43:44 · answer #4 · answered by tom l 6 · 0⤊ 2⤋
The dollar is going into a steep dive against most of the other major currencies and places that used to rely on American tourists are now suffering because they cannot afford to travel.
2007-11-21 04:45:04 · answer #5 · answered by brainstorm 7 · 3⤊ 0⤋
Don't you wish you had a couple million worthless dollars ?
2007-11-21 05:17:52 · answer #6 · answered by Anonymous · 0⤊ 2⤋
I don't think your conclusion there is valid economics or policy. Remember, the Fed controls inflation, they would gladly subsidize military spending at the request of Congress.
2007-11-21 04:54:14 · answer #7 · answered by jennifer_weisz 5 · 1⤊ 2⤋
China wont loan any more money to us for the Iraq war, and the baby boomers are going to get a big suprise when they want to cash in for social security, hope it was worth it. one fireworks show in the dessert for two trillion dollars. its sick.
2007-11-21 08:10:35 · answer #8 · answered by Anonymous · 0⤊ 2⤋
The US dollar is not worthless.
I love it when they Libs say they want to be just like every other country. Then when our dollar becomes worth as much as every other country they say it is worthless.
You cant have it both ways.
2007-11-21 04:37:33 · answer #9 · answered by Anonymous · 2⤊ 3⤋
The dollar has no impact on the value of the US military.
How the hell did you pull that out of your ***?
2007-11-21 06:07:31 · answer #10 · answered by Kiker 5 · 0⤊ 2⤋