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With the dollar on a steady decline against most major foriegn currencies ( pound , euro canadian ) does this concern anyone to want to change the system? It just bothers me when i hear foriegners not wanting the dollar and with the huge losses its taking i cant blame them. If how would you change the system,ex gold /silver standard , control inflation , stop expensive wars etc.

2007-11-28 06:39:47 · 5 answers · asked by rabullione 2 in Politics & Government Government

5 answers

Economics hey America does it to themselves

2007-11-28 07:33:14 · answer #1 · answered by Kikki 4 · 0 1

Everybody should be, but hardly anyone is worried about the dollar.
Go to YouTube and find Ron Paul's video on the 'House of Cards' we're creating by printing worthless money and accumulating trillions of dollars in debt. What you hear will astound you - and should strike fear in every American's heart.
Of course, the 'naysayers' will call Paul a doomsdayer and a quack. Trouble is: while he addresses REAL issues, all the other MilqueToast candidates are spouting Pabulum about abortion rights, gay marriage and flag-burning - all petty issues that don't even belong in a political debate.
Everyone says "it will never happen".....well, that's what they said in October, 1929 right before paper millionaires started jumping off ledges. -RKO- 11/28/07

2007-11-28 07:42:55 · answer #2 · answered by -RKO- 7 · 1 0

Oh yes, grasshopper. Anyone with any sense is worried. We're headed right into a recession if we're not there already. It's going to take a radical 3rd party to pull us out of this which neither the democrats or republicans are remotely capable of.

2007-11-28 08:08:08 · answer #3 · answered by Lilith 4 · 0 0

I'm worried, for sure. Would help to deport all the illegals, thereby reducing tax burdens and criminal/prison costs by huge amounts, giving us a bit of surplus to work with. But really, it'll take more than that. We're in pretty deep.

2007-11-28 07:07:46 · answer #4 · answered by Freethinker 5 · 3 1

the more we cut interest rates the more the dollar will decline

2007-11-28 07:17:25 · answer #5 · answered by Anonymous · 0 1

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