Falling dollar.. Good or bad?

W

wez

New member
http://www.nytimes.com/2009/01/24/business/worldbusiness/24euro.html?em
Exchange Rates Graph (Euro, American Dollar)

"The dollar will be 10% higher against the euro in one year."

Hugo 3-10-08

Looks like I slightly underestimated the dollars rise. As you see a stronger dollar ain't exactly helped the economy.

If the government were really simply interested in stirring the economy and are going to blow a trillion anyways they should just give 5K to every American man and woman over 18.
Click to expand...


Hope your right...

Might not help the economy as a whole but it sure as **** helps people like me who spent 15 years saving them..

Plus, I fail to see how a worthless dollar would help the economy.. or anybody.. Which is where it was heading..

Now I just need interest rates to sky rocket to 20%..

 
Old Salt

Old Salt

New member
The dollar is actually stronger now than I've seen it in many years. Don't know about today, but yesterday it was under $1.30 to 1 for the Euro. If you're traveling to Europe, it won't be quite as expensive.

I just checked and the USD is ~$1.26 to the Euro. Just about what the Canadian Dollar is to the USD right now.

 
RoyalOrleans

RoyalOrleans

New member
Holy dawgbawls! My IRA lost $15K last month!

Abolish the IRS!

My hard earned money will be taxed up to 20% and then an extra 10% for a non-emergency withdrawal! Total fukken bullsh!t.

Fukkers.

Let me decide the fate of my own money, not some bean counter in a stuffy cubicle maze.

Fukkers.

 
W

wez

New member
INDUDow Jones Industrial Average Index (INDU) 6,594.44 .... -281.40 (4.09%)

youch... meh.. guess most everyone will just work til they're 143 years old... no big whoop..

 
You must log in or register to reply here.
Top Bottom