when will the dollars be worth less than their paper value ?

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  • Deputy Chief Command
    Deputy Chief Command
    • Nov 2005
    • 4482

    #1

    when will the dollars be worth less than their paper value ?

    only a matter of time
  • sweetpurple04
    Confirmed User
    • Jan 2007
    • 425

    #2
    some say it already is...

    Comment

    • Matt 26z
      So Fucking Banned
      • Apr 2002
      • 18481

      #3
      Well they already passed a law this year making it illegal to melt down coins since they will be (pennies may be already) worth more as scrap metal.

      Comment

      • yahoo-xxx-girls.com
        Confirmed User
        • Jul 2006
        • 3143

        #4
        "when will the dollars be worth less than their paper value ?" <-- You are kidding me right! The USD was backed by gold along time ago... but the value of the USD is no longer backed by gold... There are way too many factors for me to list... but to answer your question your dollar is worth perhaps one cent per bill if that... however trade and US policies up it to an excitable level... not a simple subject... I'm Canadian and I know who backs our dollar...
        sig too big

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        • After Shock Media
          It's coming look busy
          • Mar 2001
          • 35299

          #5
          Originally posted by sweetpurple04
          some say it already is...
          You are a sobe personality so WARNING!!!!!!!!

          [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

          Comment

          • After Shock Media
            It's coming look busy
            • Mar 2001
            • 35299

            #6
            Originally posted by Matt 26z
            Well they already passed a law this year making it illegal to melt down coins since they will be (pennies may be already) worth more as scrap metal.
            Copper pennies, and nickle nickles sure...

            Technically the penny is a loss leader anyways. Costs more to produce than it is worth. Also would cost more to seperate than you would get on return under almost all circumstances.

            Most coins are just coated metals now adays anyways. Then again money is printed on a denim fabric (as in levi jeans) paper mixture. In essence along with the special inks it is more valuable than it is. Though that could be said of any currency if you stripped away the political power behid the paper money. Even if on a gold standard or not.

            Hell can anyone tell me if the Iraqi money was on a gold standard before the war?

            [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

            Comment

            • Emil
              Confirmed User
              • Feb 2007
              • 5655

              #7
              Originally posted by Balalsubturfyooj
              .. I'm Canadian and I know who backs our dollar...
              Is it Sleazydream?
              Free BTC! (Yes, really. Free ₿itcoins.)
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              • Bird
                Confirmed User
                • Jan 2005
                • 4365

                #8
                We are all going to have cash cards, we are almost living in a cash less society. Seriously, A $20 starbucks card is not even $20 one you purchase it. well at least it is to the consumer but for starbucks they bite it with .50 cent transaction fees every time the card is swiped or loaded.
                ICQ:268731675

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

                  #9
                  No matter how bad things get, itt will never happen...
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                  • ridikuloz
                    Confirmed User
                    • Jun 2005
                    • 2080

                    #10
                    looks like I better start investing in McDonalds wrappers if it's like that.
                    Each persons' level of stupidity makes us different.

                    Comment

                    • sonofsam
                      Too lazy to set a custom title
                      • Dec 2004
                      • 18647

                      #11
                      Originally posted by Emil
                      Is it Sleazydream?
                      he couldn't back himself into a parking stall
                      I like turtles.

                      Comment

                      • StickyGreen
                        .
                        • Oct 2003
                        • 13076

                        #12
                        Buy gold, real physical gold...
                        Refer Cam Girls and Take Home 10% of Everything They Make For Life

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                        • peterk
                          Confirmed User
                          • Aug 2007
                          • 3529

                          #13
                          Answer: never
                          Bogat mama ala cu loturi de trafic

                          Comment

                          • peterk
                            Confirmed User
                            • Aug 2007
                            • 3529

                            #14
                            Answer: never
                            Bogat mama ala cu loturi de trafic

                            Comment

                            • Hentaikid
                              Confirmed User
                              • Nov 2002
                              • 1250

                              #15
                              I think people are confused about the exchange rate. A dollar is still a dollar in america, no matter how much it falls in comparison to other currencies. Now if you're an american tourist you're in for a shock come exchange time, but otherwise...

                              Comment

                              • GreyWolf
                                So Fucking Banned
                                • Jun 2007
                                • 2036

                                #16
                                Originally posted by Hentaikid
                                I think people are confused about the exchange rate. A dollar is still a dollar in america, no matter how much it falls in comparison to other currencies. Now if you're an american tourist you're in for a shock come exchange time, but otherwise...
                                Life don't work like that When a nation imports more than it can export and prices are being quoted for buying in dollars, manufacturers are going to charge more for weak currencies. End result? Imported goods cost more.

                                Same with oil - the moment there are currency changes, OPEC changes their available product. Gas does not necessarily become cheaper. (Again.. much of this problem has to do with a lack of refining capacity - another story).

                                Unstable/weak currencies affect everyone - and this currency is going nowhere but downwards in the forseeable future.

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                                • sweetpurple04
                                  Confirmed User
                                  • Jan 2007
                                  • 425

                                  #17
                                  I just got back from Italy.. I had a great time but man the dollar is not worth shit over there. Oh well, the broads are still hot..

                                  Comment

                                  • minusonebit
                                    So Fucking Banned
                                    • Feb 2006
                                    • 7391

                                    #18
                                    Way back when, a US Dollar used to buy you half a tank of gas, then a gallon of gasoline a few years back. Now it only buys a third of a gallon. Next year, it might not buy a thimble full.

                                    Comment

                                    • After Shock Media
                                      It's coming look busy
                                      • Mar 2001
                                      • 35299

                                      #19
                                      Originally posted by sweetpurple04
                                      I just got back from Italy.. I had a great time but man the dollar is not worth shit over there. Oh well, the broads are still hot..
                                      And which personality made that imaginary trip eh sobe?

                                      [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

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