USD situation getting serious

Quote from S2007S:

...instead of teaching kids about who the 21st president is and how to play baseball they should show them the price of oil and the value of the dollar.

so true, and how to actually understand credit cards, loans etc.
 
Quote from The Kin2:

.9160ish now for USD/CAD. Damn!

-516 pips in one month
-601 pips from 9/6 to 10-6

-2491 pips since the beginning of the year!!

What currency has ever done this before? Any examples?

Cable again (this time shorter time frame, not full yr)

2/03/91 - 1.9770 (before the Soros outdown in 92)

6/30/91 - 1.6170

- 3600 pips

While the loonie move is rather extreme, it is not unique.
 
The US has a Fed president who stated at a recent Senatorial hearing that inflation was 2%. Typical academic, if it says that in writing then it must be so. How can you have this idiot schoolmaster in charge at a time like this, come to think of it, how can you have the chimp in overall charge?
 
Quote from capmac:

Relax folks, who cares about the dollar anyway...

You should all know that the lower the dollar goes, the higher the stock market goes.

The most important thing is that you all should be heavily invested in GOOG. THAT is how you make money...

Really tell that to the Japs you idiot. So many people on here have been in the markets 2 mins read a couple of cool sounding anecdotes and pass them off as their own without having a clue. A weak and weakening dollar can only hurt the US as it is an indicator of poor monetary and economic policy. How would you feel if you keep getting less for what you create?
 
Quote from JDO_Trader:

so true, and how to actually understand credit cards, loans etc.

agree.




thats what they should be teaching them, it seems the school system doesn't want to touch on those areas.
 
Quote from S2007S:

..sad isnt it......instead of teaching kids about who the 21st president is and how to play baseball they should show them the price of oil and the value of the dollar.

exactly, why do you think we pay taxes, so schools can distant our children from reality as much as possible, wouldn't you love your son to live in this constantly happy world, wher der 'z no need 2 komper diz w3ird nums called kerencees
 
Quote from Bogan7:

Really tell that to the Japs you idiot. So many people on here have been in the markets 2 mins read a couple of cool sounding anecdotes and pass them off as their own without having a clue. A weak and weakening dollar can only hurt the US as it is an indicator of poor monetary and economic policy. How would you feel if you keep getting less for what you create?

I thought he's being sarcastic
 
china sucks

USA should impose huge import duties on china

dont let them send their worthless trinkets here
ipods and other junk.....

let them sell their dollar debt. At the end of it all, the USA manufacturers will kick ass once again when the dollar has halved in value
 
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