Well ,printing money to subsidize wars in foreign countries sure doesnt help the international markets confidence in the dollar .

Etech7 said: I think it will stop falling when the U.S. gets a new president. Bush is the reason the dollar is falling. He thinks it will help American exports

 Not true. The economy is not that bad in the US. Just in Michigan. And lastly, if you think it has to do with the president, then just wait til some liberal gets elected to office in 2008 (hillary clinton, ugh) and the economy plunges. Keep your political opinions off of this website. 

 

Lollerdongs said: I blame the retard in the white house.

Read my previous post. ass.

mr-money said: the dollar will continue to fall so long as federal reserve continues to print money out of thin air

 I agree 100%. This is the primary cause.  The government knows this is happening.  The FED thinks it is what America needs right now. What to do about it?Elect someone with different theories on how to run a government curreny, like Ron Paul.  Collect things that tend to go up as the dollar goes down, like gold and silver.  Convert some of your savings to currenies that you think are stronger.  Don't completely invest in US markets- also invest in other markets.  Start a company that takes advantages of the current international exchange rates.  If you live somewhere besides America, maybe it finally time to take that trip to America you talked about. 

 

Snesboy said: Etech7 said: I think it will stop falling when the U.S. gets a new president. Bush is the reason the dollar is falling. He thinks it will help American exports Not true. The economy is not that bad in the US. Just in Michigan. And lastly, if you think it has to do with the president, then just wait til some liberal gets elected to office in 2008 (hillary clinton, ugh) and the economy plunges. Keep your political opinions off of this website.

Who are you to tell us what to talk about? As long as it stays in "Off Topic", all is well. I will, however, say that the idea that Bush has some Machiavellian plot going to weaken the dollar in order to help our exports is pretty silly in my eyes. Any dollar-weakening he has done is either sheer incompetence or collateral damage from some other, more obvious, more stupid plot.

On a side note, even if I thought that every policy position the Democrats held was dead wrong, I still might vote Democrat just because of the rampant cronyism (with accompanying incompetence), myopic powermongering, and outright disrespect for the Constitution of the United States that I have witnessed in this administration for the past six years, with the rest of the Republican Party right along for the ride. The Democrats are far, far from a shining beacon of unsullied statesmanship, but compared to the Republicans right now they might as well be.

It's one of the great drawbacks of our current political system that there are only 2 realistic choices most of the time. Support runoff elections!

P.S.  "just wait til some liberal gets elected to office in 2008 (hillary clinton, ugh) and the economy plunges."
Just like the other time a Clinton got elected, right?  They said he'd tank the economy, too.  And I don't know if I'd call Hillary Clinton a liberal. 

Snesboy. There's nothing wrong with people talking about politics. ESPECIALLY in a thread in which such conversation is relevant.

And why would the democrats plunge the U.S. Economy? Bill Clinton left office with the U.S. producing budget surpluses. George bush has plunged the government into record breaking deficits. That isn't a question of political views, it's a simple fact.

It's a phase, really.

Honestly, could you imagine having a stock market crash during the rise of a Nazi empire? And we're scared of inflation?

It's really not that hard for the government to deflate, and the U.S. has gone through situations a lot scarier and more difficult than this.

We'll see rapid inflation, people will take their pay checks, and then immediately go to the super market to buy 12 packs of ramen, packets of salmon, nuts and beans. We'll just have to start buying products we don't normally buy.

So.....

How about that Avian Flu?

MontanaHatchet said: It's a phase, really. Honestly, could you imagine having a stock market crash during the rise of a Nazi empire? And we're scared of inflation? It's really not that hard for the government to deflate, and the U.S. has gone through situations a lot scarier and more difficult than this. We'll see rapid inflation, people will take their pay checks, and then immediately go to the super market to buy 12 packs of ramen, packets of salmon, nuts and beans. We'll just have to start buying products we don't normally buy. So..... How about that Avian Flu?

The real risk from inflation comes from it being at a high enough level for long enough that people start anticipating it and adjusting in anticpation of it ... Anything with implicit value (commodities, real estate, art) suddenly sees a dramatic increase in demand and prices increase and anyone who has any control over their income starts increasing it at a rate faster than inflation (in both cases pushing inflation higher).

Eventually inflation gets out of control and the only way to bring it back in line is to constrict the money supply to a "painful" level (typically causing a deflationary recession that lasts a long time) in order to eliminate the expectations of inflation.

MontanaHatchet said: It's a phase, really. Honestly, could you imagine having a stock market crash during the rise of a Nazi empire? And we're scared of inflation? It's really not that hard for the government to deflate, and the U.S. has gone through situations a lot scarier and more difficult than this. We'll see rapid inflation, people will take their pay checks, and then immediately go to the super market to buy 12 packs of ramen, packets of salmon, nuts and beans. We'll just have to start buying products we don't normally buy. So..... How about that Avian Flu?

 Wow. MontanaHatchet you do not remember what the 70's were like. You don't remember going to your relatives funerals, the ones who died in Vietnam. You don't remember seeing old people, the same old people, buying cat food every time you went to supermarket. And that was all they bought. Most of the time it's great to be alive as long as you're alive but the 70's really sucked hard. You bet we're scared of inflation.

Yes, I don't remember the 70s, I don't think I existed in any form yet.