BF2S Forums the value of the us dollar

Its going downhill for sure

Can't we just turn off the money printers for a few years and hopefully see a slight increase?

Too bad the pound is also taking a dive. I will tell my unlikely to exist grandchildren about the day when £1 was $2 and how I didn't even take complete advantage of it.

Last edited by Mekstizzle (2009-10-14 13:38:36)

Awesome for us Canadians.. Time to do some cheap shopping in the states!

Last edited by LT.Victim (2009-10-14 17:01:31)

the value of the us dollar

However silly this post might be, it's realistic.

Purefodder wrote:

When you have a huge trade surplus as the US does it's time to devalue the currency.

You mean deficit right?

SealXo wrote:

interest rates at .25%. yes a point before the 2

Yup, who the fuck would want to invest there? Our rate is currently 3.25, with it expected to rise another 25 basis points in the near future.

Heh, 1AUD now buys 92.2 USD. Fuck, it was 91 earlier today. Time to buy some stuff from the US of A.

Noobpatty wrote:

Ioan92 wrote:

the value of the us dollar

http://blogs.mysanantonio.com/weblogs/a … holder.jpg

However silly this post might be, it's realistic.

the good kind or the stuff that makes your anus bleed?

The one that irritates your arse yes.

I had some usd's once and the paper was rough like sandpaper lol..

CameronPoe wrote:

Lad at work got flights from Dublin to Las Vegas and a week's accommodation for ..... €450. Now that's value.

They are giving away Vegas trips now.. lol. (literally)



They give you the hotel room for the night, but you're building new hotels while in the casino.

DrunkFace wrote:

blademaster wrote:

http://img238.imageshack.us/img238/3342 … theusd.jpg

That's called inflation it means jack shit.

Inflation is the problem because its a built into monetary policy by the federal reserve.

What is more interesting about the chart is that we have never had a sustained deflationary period. If there were a free market, we should be having cycles, but we don't all we have is a constently devaluing currency caused directly by an inflationary monetary policy by the fed. We should be having a deflationary period right now to correct for all the insanity that went on but instead the fed is devaluing the dollar and the purpose of that is to inflate values/prices back up to where they were before the bubble popped.

You know the only reason for reflating the economy is to increase the assessed value of securities underlying all those airy fairy financial instruments so that the paper values will equal the estimated values used to back those securities. All this BS is to make the toilet paper printed by these large financial firms look good and to save their asses, but of course this all ignores real value which is adversely affected by inflation and its going down the shitter because of devaluing of the dollar and that's a price that every person in the US is going to pay dearly for. In short they are stealing peoples savings and retirement savings to save the crooks and bandidos on wall street.

But if you ignore all that, then, yahhhhhh the DOW is at 10,000 yahh yahhh party and balloons on wall street, they averted their own disaster by screwing us all over..... again.


Personally I am waiting for the other shoe to drop because this can not be sustainable and IMO the whole Federal Reserve system has just about run its course like a really bad swine flu. The only question is whether its going to kill the patient and then jump to spread itself via a world reserve currency.

DonFck wrote:

It's a good time to get your economy going through exports. Change you need. Of course, you'll need something the export market wants to buy.. Start making Japanese cars.

yeah but the dollars purchasing power is jack shit. nobody wants to trade