"Strong dollar" idiots

[Sobieski]

Quote from the bouch:

The same idiots who proclaim it's "global"economy and its great for the US are the same idiots who laugh at you when you denominate their gains in anything else but USD. If you're gonna think globally, then your gains as a country have to be thought of globally. It's a global economy for everyone else and everyone seems to be kicking US butt.

And its not a low dollar that is helping the US but a FALLING dollar. It has to keep FALLING for the US to see any benefits. It can't fall forever.

Wow, this post is so true, so succinct.

bouch, why don't you post here more often? 43 posts in 4 years...

I would much rather read good stuff like this, than the semi-trolling crap I spout.

Well done.

 

[Daal]

Quote from TravelTrader:

"By trying to inflate the dollar it will cause stocks to fall due to decreasing revenues and profits. A cheap dollar is good.

PURCHASING POWER doesn't fall when the dolalr falls. ...in America the purchasing power only decreases in accordance to INFLATION."


You sir, is an idiot! And there is no inflation, right.

There's truth for whats he saying, for americans who dont travel very often what matters is the rate of DOMESTIC inflation which should be around 5%. if the dollar drops 50% against the singapure dollar why should you care?it might have some impact on the rate of domestic inflation but it will be very little, most singaporese exporters price their goods in dollars and are reluctant to raise prices to not lose market share. the dollar IS dropping in a trade weighted basis and thats a concern but it will have limited impact on inflation

 

[9toros]

my dear sheeple

STOP debating

your only hope is to convert before its too late

No not religion, the dollar man

THE DOLLAR :eek:

 

[ShoeshineBoy]

Quote from sandygray66:

The massive increase in imported Chinese goods over the past 10 years has been the primary factor in keeping consumer inflation low. This factor is going away.

However, it may come from other sources such as Japan working with India in this case. If the avg American can buy a $5,000 car that is fuel efficient, this is strongly anti-inflationary. The question is whether enough Americans will be sacrificial enough to jump on the opportunity...

http://www.indiacar.net/news/n69225.htm

"Nissan may export low-cost India-made cars to US

TOKYO: Nissan Motor may eventually export low-cost Indian-built cars to the US if the Japanese carmaker can modify them for the world's biggest auto market.

The vehicles could cost less than 5,000 dollar in the U S even after modifications to meet local safety and emission standards, Chief Executive Officer Carlos Ghosn told reporters at the Tokyo Motor Show. The models will likely cost about 3,000 dollar in India, he added.

The cars, costing a fraction of the 25,000 dollar average for new passenger vehicles in the US, may win customers as higher gasoline prices boost sales of smaller and more fuel-efficient models.

Nissan, Japan's third-biggest automaker, is studying plans to build the car with Bajaj Auto, India's second- biggest motorcycle maker."

 

[PARACLESE]

Quote from Thunderdog:

Don't ever lose that sense of humor.

this kid must be an economist or have studied with the best and brightest.

 

[PARACLESE]

Quote from Daal:

There's truth for whats he saying, for americans who dont travel very often what matters is the rate of DOMESTIC inflation which should be around 5%. if the dollar drops 50% against the singapure dollar why should you care?it might have some impact on the rate of domestic inflation but it will be very little, most singaporese exporters price their goods in dollars and are reluctant to raise prices to not lose market share. the dollar IS dropping in a trade weighted basis and thats a concern but it will have limited impact on inflation

We now are a global machine, and many people spend money abroad, through many things not just oil, certain foods and clothing. Exporters will not take losses because of exchange rates, except for the chinese. Thats all changed now. The US wants them to overcharge us and let us bleed. Not like I myself am the purchaser but we as a whole will be spending much more dollars tommorrow to get the same product we had today. But yes, I agree with travel trader, the OP is an idiot, and you are only correct to an extent but I do see where you are going. p

 

[bellman]

all good points, how is the yan pegged to the usa dollar? Just want to know how they can do that, i've heard it before but it's never been explained to me.

Quote from Digs:

A large portion of USA goods are from outside the USA.

True, the yaun is pegged to the USA dollar and this is artificially supporting your you consumer buying power. But this wont last forever.

Other commodities like OIL you are paying more for, those that hold your assets of govt debt and foreign currency reserves are holding the wealth.

So If you are a worth $1,000,000 in Iowa, thats only $500,000 pounds in London.

Foreigners can buy your place up, and own you !!