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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
skipos (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:19 AM Original message |
Can someone explain to me why the dollar has fallen so much? |
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truebrit71 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:21 AM Response to Original message |
1. Because bush sucks.....oh wait... |
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no_hypocrisy (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:21 AM Response to Original message |
2. Because the Treasury has printed more money, putting it into circulation, |
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skipos (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:23 AM Response to Reply #2 |
4. That makes sense. But why did the treasury print more money? What was the goal? nt |
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no_hypocrisy (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:30 AM Response to Reply #4 |
13. We have amazing deficits. Not enough money in reserve and not |
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TahitiNut (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:33 AM Response to Reply #4 |
16. "liquidity" |
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Mr Rabble (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 09:12 PM Response to Reply #16 |
30. Not a warning TN- |
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notadmblnd (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:36 AM Response to Reply #4 |
19. every time a loan is taken out new money is created |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:30 AM Response to Reply #2 |
12. Yes, and he had to keep printing money because that's what |
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mainegreen (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:42 AM Response to Reply #2 |
22. Hell, they don't even print most of it anymore. Most is poofed into existence as data. |
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Ganja Ninja (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:23 AM Response to Original message |
3. Too much money going out of the country and not enough ... |
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L. Coyote (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:23 AM Response to Original message |
5. The National Deficit, the negative balance of payments, oil importing, drought |
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Junkdrawer (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 12:06 PM Response to Reply #5 |
26. I maintain strongly, to this day, that exporting the bulk of your industries... |
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L. Coyote (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 12:11 PM Response to Reply #26 |
27. Add outsourcing overseas to balance of payments deficit! |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:23 AM Response to Original message |
6. Because its value has been lost to debt. |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:23 AM Response to Original message |
7. Investors are losing confidence in the American economy.. |
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Jackpine Radical (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:26 AM Response to Original message |
8. All of the above. |
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ixion (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:26 AM Response to Reply #8 |
9. exactly |
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AndyA (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:33 AM Response to Reply #9 |
17. This is all exactly right. |
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MissMillie (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:27 AM Response to Original message |
10. from Yahoo Answers and from The American Prospect |
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Romulox (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:28 AM Response to Original message |
11. Because the longterm fundamentals of our economy are WEAK |
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sinkingfeeling (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:32 AM Response to Original message |
14. The primary reason is our overwhelming debt. We are borrowing something like $1.75 billion a day. |
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PDJane (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:33 AM Response to Original message |
15. In general terms, |
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Cha (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:35 AM Response to Original message |
18. Thanks for asking this question, skipos.. |
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Andy Canuck (234 posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:36 AM Response to Original message |
20. The dollar has fallen for a number of reasons. |
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whistle (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:36 AM Response to Original message |
21. $350 billion pushed into the money supply by the Federal Reserve |
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ProfessorGAC (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 10:43 AM Response to Reply #21 |
23. The Money Was Already There |
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whistle (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 09:01 PM Response to Reply #23 |
29. Thank you for explaining that, so how did it get into M2? And if there is an M3 |
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ljm2002 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 11:43 AM Response to Original message |
24. One aspect that has not been mentioned... |
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opihimoimoi (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 12:01 PM Response to Original message |
25. The President is not doing the JOB of stabilizing our Nation... |
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ieoeja (1000+ posts) Send PM | Profile | Ignore | Thu Oct-04-07 12:21 PM Response to Original message |
28. Everyone here is partially correct, but missing the primary reason. |
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DU AdBot (1000+ posts) | Sat May 04th 2024, 09:07 AM Response to Original message |
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