Fact: USD will fall greatly today

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  • Myst
    Confirmed User
    • Feb 2004
    • 4708

    #1

    Fact: USD will fall greatly today



    This is why Canadians want Paul to win (baddog)
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  • Big_Red
    Confirmed User
    • Jun 2006
    • 4147

    #2
    Grab all the gold you can. .02
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    • MikesTraffic
      Confirmed User
      • Jan 2006
      • 1992

      #3
      I want Ron Paul to win and I'm American.....I'm tired of the government running itself into the ground....lets cut fed rates, ok, lets put a little bandaid on a fucking shattered bone. It makes me wonder if the people in charge ever took a economics class. Hell I know people that understand it better then the government does that has never had one!
      Fortinet GURU

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      • ADL Colin
        Too lazy to set a custom title
        • Feb 2001
        • 11929

        #4
        Originally posted by MikesTraffic
        It makes me wonder if the people in charge ever took a economics class.
        Yeah, really. They just let anyone Chair the Board of Governors. Like Bernanke ...

        1590 SAT
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        Was editor of the American Economic Review.


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        • k0nr4d
          Confirmed User
          • Aug 2006
          • 9231

          #5
          wouldn't all the money from stocks selling flooding back into the treasuries raise the dollar?
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          • Fat Panda
            Porn is Dead. Move along.
            • Aug 2006
            • 13296

            #6
            Originally posted by k0nr4d
            wouldn't all the money from stocks selling flooding back into the treasuries raise the dollar?
            people are not going to buy treasuries at these interest rates when they can put their money in other high paying investments, ie some foreign currencies, etc...if I ran a big portfilio I would be flocking to public utilites, any strong commodity company, (oil, gas, mining, etc) looking for anytype of safe harbor for a couple months.

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            • woj
              <&(©¿©)&>
              • Jul 2002
              • 47880

              #7
              Originally posted by k0nr4d
              wouldn't all the money from stocks selling flooding back into the treasuries raise the dollar?
              No, there will be more "supply" of the dollar then, and so the price will drop...
              come on dude, economics 101...
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              • k0nr4d
                Confirmed User
                • Aug 2006
                • 9231

                #8
                Originally posted by woj
                No, there will be more "supply" of the dollar then, and so the price will drop...
                come on dude, economics 101...
                Just has to happen when I have a wire coming into canadian bank account
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                • CDSmith
                  Too lazy to set a custom title
                  • May 2001
                  • 51460

                  #9
                  Originally posted by ADL Colin
                  Yeah, really. They just let anyone Chair the Board of Governors. Like Bernanke ...

                  1590 SAT
                  B.A. Economics Harvard. Graduated Summa Cum Laude
                  PhD. Economics. M.I.T.
                  Taught at Stanford Graduate School of Business
                  Taught at New York University
                  Taught at Princeton University
                  Chaired Economics Dept at Princeton University
                  Has written three textbooks on macroeconomics
                  Has written a textbook on microeconomics.

                  Director of the Monetary Economics Program of the National Bureau of Economic Research

                  Was editor of the American Economic Review.
                  Wow you're right, what impressive credentials he has. How could anyone have the audacity to question his capability?

                  The downward slide of the USD over the past 5 years is just a little bitty hiccup in the road, it'll pass.

                  Nothing to see here folks.

                  :D
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                  • AlienQ - BANNED FOR LIFE
                    best designer on GFY
                    • Mar 2003
                    • 30307

                    #10
                    I blame the free trade Agreements none of the other countries are holding up to.

                    The Free trade Agreements America made are not actually free trade agreements. China massively profits on piracy along with many others, while goods going into China are taxed heavily though under Free trade the materials are not supposed to be.

                    Numerous numerous examples of many other foriegn countries not holding up to Free trade, this results in a fucked American Economy.

                    Nothing will change till those agreements are looked over and either enforced or abandoned from Labor to materials, to licensing.
                    Last edited by AlienQ - BANNED FOR LIFE; 01-22-2008, 11:51 AM.

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                    • NosMo
                      Confirmed User
                      • Mar 2007
                      • 1025

                      #11
                      and the sun will rise in the east....nothing new or surprising here. Just a market adjustment. no biggie. Hell no stock brokers have jump or anything.

                      NosMo

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                      • ADL Colin
                        Too lazy to set a custom title
                        • Feb 2001
                        • 11929

                        #12
                        Originally posted by CDSmith
                        Wow you're right, what impressive credentials he has. How could anyone have the audacity to question his capability?

                        The downward slide of the USD over the past 5 years is just a little bitty hiccup in the road, it'll pass.

                        Nothing to see here folks.

                        :D
                        The question was whether "the people in charge ever took an economics class". Answer above.


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