Yes, when we've all moved to alternative fuel sourses and almost no one needs what's leftGyaos said:
News Flash: Dollar Tanking?
- Thread starter WoodPeckr
- Start date
Some one has to buy the US debt issues. If Asians weren't buying it up, who would? And if the US cannot find buyers for its debt, the US dollar will sink so low people will be wiping their asses with greenbacks since it will be cheaper than toilet paper.Meister said:
I am still waiting to be 18 again 
Reuters had today a story saying get used to $100 a bbl oil, its here for awhile.
Reuters had today a story saying get used to $100 a bbl oil, its here for awhile.
But it still would not surprise if oil ever does go down alot. Its done it before but its a long ways off--this time it might not happen but then who knows.
Look at gold, took 25 years but now its higher then ever-in just dollars, not 1970's dollars.
When gold was $400 an oz nobody was even guessing it go to $900.
Look at gold, took 25 years but now its higher then ever-in just dollars, not 1970's dollars.
When gold was $400 an oz nobody was even guessing it go to $900.
Me too, have been in Gold, Silver and gold mining companies since gold wascyberdoc said:
just under $300. I believe it will double still from where it is now. Of course,
gold hasn't really increased in value, it is the $(US) that has declined in value.
Really Woody, good Lord is your hatred of the President so out of control that you will believe absolutely any tripe that comes your way. What's next the Democratic Party version of "Black Helicopters"?!WoodPeckr said:
Really Aardi,Aardvark154 said:
The USD lost over 50% of it's value under this moron Dubya and you still have the nerve to shill and play an apologist role for this jackass!
What the hell kind of fools paradise do you live in?
This criminal and his co-whores should be, AT MINIMUM, in the US Penitentiary at Leavenworth busting rocks, yet you defend his crimes.
Does your definition of Law & Order only concern blowjobs? ...
Don't dodge the question. Any fool can tell this story was bunk, and that's not just hindsight.WoodPeckr said:Really Aardi,
The USD lost over 50% of it's value under this moron Dubya and you still have the nerve to shill and play an apologist role for this jackass!
What the hell kind of fools paradise do you live in?
This criminal and his co-whores should be, AT MINIMUM, in the US Penitentiary at Leavenworth busting rocks, yet you defend his crimes.
Does your definition of Law & Order only concern blowjobs? ...
Well then how do you rationalize the fact the USD lost well over 50% value since Shrub was installed in 2000?cypherpunk said:
Or is that bunk also!....
Gee Idunno, maybe it has something to do with debt and insufficient faith to support a fiat currency. Idiot.WoodPeckr said:Well then how do you rationalize the fact the USD lost well over 50% value since Shrub was installed in 2000?
Or is that bunk also!....
Thanks grasshopper, you just defined Dubya's Voodoo Economic policies since 2000 which made this USD tanking possible!....cypherpunk said:
And this has what to do with you believing some conspiracy theory that any 11 year old can see through?WoodPeckr said:Thanks grasshopper, you just defined Dubya's Voodoo Economic policies since 2000 which made this USD tanking possible!....
Commodity prices are determined by supply and demand and speculation.danmand said:
The value of the US$ skews the movements but it is not the sole driver of the moves.
There are days when gold goes down and so does the US$ and days when they both go up.
Fluctuations in the price of gold up or down are sometimes greater or smaller depending on what the currency traders are doing at the time with the US$.
Since 1998, oil has gone from $10 to $100 but it doesn't mean the US$ has lost 90% of it's value.
From 1996 to 1998 oil went from $20 to $10 but it doesn't mean the value of the US$ doubled.
From 1998 to 2002, oil went from $10 up to $30 back to $20 and then up again to $30.
This does not mean that the US$ lost 2/3 of it's value, regained 1/3, and then lost 1/3 again.
i remember that at some point [1970s or 1980s] Brazil tried to pay off its national debt by simply printing alot more money to pay with. the result was the general collapse of the Brazillian economy and massive devaluation of its currency. [oh yes... and the mass conversion of its middle class into street beggars].
gwb doing the same thing just seems to be equally insane and might have similar results.
gwb doing the same thing just seems to be equally insane and might have similar results.
With the USD dropping in value >50% since 2000, it looks like that is exactly what Dubya has done....ThePunkPanther said:
