US DOLLAR keeps falling-good job George

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  • vegas2003
    Confirmed User
    • Feb 2003
    • 1714

    #1

    US DOLLAR keeps falling-good job George

    http://reuters.com/financeNewsArticl...toryID=4072089
    SEACREST OUT!
  • Ross
    Ik ben een aap
    • Sep 2002
    • 18874

    #2
    Yep its fucking annoying! Losing more and more money as the weeks go by.

    Comment

    • Dirty F
      Too lazy to set a custom title
      • Jul 2001
      • 59204

      #3
      Holy shit, almost 1.27....it just wont stop.

      Comment

      • broke
        Confirmed User
        • Aug 2003
        • 4501

        #4
        The falling dollar is good!

        Perfect Gonzo

        Comment

        • Darren
          Confirmed User
          • Sep 2001
          • 5994

          #5
          whats annoying is all these bloody news threads, its like CNN


          Penis enlargement / male enhancement pills - earn up to $229.48 per signup

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          Comment

          • Odie
            Confirmed User
            • Apr 2003
            • 7040

            #6
            it's not good for us Canadians either...I get paid in US....when I started in the biz, the dolllar was 1.5, and now the dollar is sitting at 1.24....I think it's even lower now...
            Odie
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            • Rich
              So Fucking Banned
              • Jan 2003
              • 11486

              #7
              Originally posted by broke
              The falling dollar is good!


              You must be an economist! I agree with you though, Bush is the best thing that ever happened to, well, Canada. Keep this up for another 4 years and we'll have at least 2 NFL franchises.

              Comment

              • maxdaname
                Confirmed User
                • Oct 2003
                • 5193

                #8
                Originally posted by Rich

                Bush is the best thing that ever happened to, well, Canada
                I know!
                Good ole Bush!

                Comment

                • Greg B
                  So Fucking Banned
                  • Jul 2001
                  • 7014

                  #9

                  Aw quit whinin'. You shoulda done like the rest of us who are up on the news and know the dilly.

                  Invested in the Euro.

                  We ain't losin' money.

                  Comment

                  • DeepDish
                    Confirmed User
                    • Mar 2003
                    • 323

                    #10
                    Seems the US economy must be sucks right now...
                    I will not wonder, if some of the sponsors turn to Euro which is really strong right now!
                    Well may be is time the EURO to kick USD's ass

                    Comment

                    • Ron2k1
                      Confirmed User
                      • Sep 2001
                      • 1573

                      #11
                      Originally posted by Darren
                      whats annoying is all these bloody news threads, its like CNN
                      I agree, shit happends. It won't stop in the near future

                      Comment

                      • broke
                        Confirmed User
                        • Aug 2003
                        • 4501

                        #12
                        Originally posted by DeepDish
                        Seems the US economy must be sucks right now...
                        I will not wonder, if some of the sponsors turn to Euro which is really strong right now!
                        Well may be is time the EURO to kick USD's ass
                        What?

                        People that have no clue about economics (or the US economy when talking specifically about the US dollar) should refrain from posting in currency valuation threads.

                        I've posted this before, but will do it again...

                        The weak US dollar is beneficial to the US and the US economy right now for a shitload of reasons. If the dollar were to rebound in the near future, the current administration (and the next administration -- assuming a change) would do everything possible to keep it down -- even if that mean keeping it down artificially.

                        Get used to it.

                        It's not going to change anytime soon.


                        US sponsors will never turn soley to the euro.

                        If the majority of your customer base is American -- you just simply can't start charging EUROS. You would lose at least 3/4 of your business overnight.
                        Perfect Gonzo

                        Comment

                        • sacX
                          Confirmed User
                          • Dec 2002
                          • 2998

                          #13
                          Originally posted by broke


                          What?

                          People that have no clue about economics (or the US economy when talking specifically about the US dollar) should refrain from posting in currency valuation threads.

                          I've posted this before, but will do it again...

                          The weak US dollar is beneficial to the US and the US economy right now for a shitload of reasons. If the dollar were to rebound in the near future, the current administration (and the next administration -- assuming a change) would do everything possible to keep it down -- even if that mean keeping it down artificially.

                          Get used to it.

                          It's not going to change anytime soon.


                          US sponsors will never turn soley to the euro.

                          If the majority of your customer base is American -- you just simply can't start charging EUROS. You would lose at least 3/4 of your business overnight.
                          Well non-American's are probably a majority of surfers. It would certainly make sense to look into billing these people in euros..
                          Have Asian Language Traffic?

                          Comment

                          • Ic3m4nZ
                            Confirmed User
                            • Aug 2003
                            • 6285

                            #14
                            That's really good

                            Comment

                            • Vitasoy
                              GFY HALL OF FAME DAMMIT!!!
                              • Oct 2003
                              • 58202

                              #15
                              Originally posted by Darren
                              whats annoying is all these bloody news threads, its like CNN

                              sooo true


                              [email protected]

                              Comment

                              • broke
                                Confirmed User
                                • Aug 2003
                                • 4501

                                #16
                                Originally posted by sacX


                                Well non-American's are probably a majority of surfers. It would certainly make sense to look into billing these people in euros..
                                Surfers mean jack shit -- buyers matter.

                                If you reread what I said, it was "US sponsors will never turn soley to the euro."

                                I went on to say... "If the majority of your customer base is American -- you just simply can't start charging EUROS."

                                It makes sense to look into anything that could make your business more profitable.

                                I also think it is a good idea to try to attempt to bill your customers in their native currency when possible. Offering EU surfers EURO billing options is a good thing.

                                I was responding to a post about sponsors changing their billing to EUROS, not a post about offering surfers different billing options.
                                Perfect Gonzo

                                Comment

                                • ldinternet
                                  Confirmed User
                                  • Apr 2001
                                  • 8245

                                  #17
                                  Now is a good time to prepay for American hosting and other services.

                                  Comment

                                  • HarlotCash Dyker
                                    Confirmed User
                                    • Sep 2003
                                    • 1828

                                    #18
                                    Companies like ccbill that have a Euro branch should offer their webmasters the choice of billing and payment in Euros -
                                    Doesn't make sence them having a Euro branch working solely in dollars.

                                    I agre - The dollar is artificially low to aid exports (Amongst many other things - Although they really need to hike up interest rates now, they certainly will not -

                                    But for us Non Americans - There is at least one small bonus - Fewer Americans will holiday in Europe because of the costs!
                                    !!!Harlot Cash<<>>Harlot Cash<<>>Harlot Cash<<>>Harlot Cash!!!

                                    Comment

                                    • sacX
                                      Confirmed User
                                      • Dec 2002
                                      • 2998

                                      #19
                                      Originally posted by broke




                                      If you reread what I said, it was "US sponsors will never turn soley to the euro."
                                      I read what you said perfectly the first time. Why would I need to read it again. Nothing i said in my post disagreed with u... so GFY
                                      Have Asian Language Traffic?

                                      Comment

                                      • broke
                                        Confirmed User
                                        • Aug 2003
                                        • 4501

                                        #20
                                        Originally posted by sacX


                                        I read what you said perfectly the first time. Why would I need to read it again. Nothing i said in my post disagreed with u... so GFY
                                        Cheers.

                                        Last edited by broke; 01-05-2004, 12:30 PM.
                                        Perfect Gonzo

                                        Comment

                                        • broke
                                          Confirmed User
                                          • Aug 2003
                                          • 4501

                                          #21
                                          Originally posted by HarlotCash Dyker

                                          But for us Non Americans - There is at least one small bonus - Fewer Americans will holiday in Europe because of the costs!
                                          But some of us will still be coming to a European city near you!

                                          Perfect Gonzo

                                          Comment

                                          • brothenberg
                                            Confirmed User
                                            • Apr 2003
                                            • 168

                                            #22
                                            Would you prefer Arnold on the bills?
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                                            • grumpy
                                              Too lazy to set a custom title
                                              • Jan 2002
                                              • 9870

                                              #23
                                              http://www.gofuckyourself.com/showth...hreadid=210807

                                              i predicted it....and nobody believed me.
                                              Don't let greediness blur your vision | You gotta let some shit slide
                                              icq - 441-456-888

                                              Comment

                                              • sacX
                                                Confirmed User
                                                • Dec 2002
                                                • 2998

                                                #24
                                                Originally posted by grumpy
                                                http://www.gofuckyourself.com/showth...hreadid=210807

                                                i predicted it....and nobody believed me.
                                                uh most people in that thread seem to agree with u that the euro will get stronger..
                                                Have Asian Language Traffic?

                                                Comment

                                                • xxxdesign-net
                                                  My hips don't lie
                                                  • Nov 2002
                                                  • 10129

                                                  #25
                                                  Originally posted by broke


                                                  What?

                                                  People that have no clue about economics (or the US economy when talking specifically about the US dollar) should refrain from posting in currency valuation threads.

                                                  I've posted this before, but will do it again...

                                                  The weak US dollar is beneficial to the US and the US economy right now for a shitload of reasons. If the dollar were to rebound in the near future, the current administration (and the next administration -- assuming a change) would do everything possible to keep it down -- even if that mean keeping it down artificially.

                                                  Get used to it.

                                                  It's not going to change anytime soon.


                                                  US sponsors will never turn soley to the euro.

                                                  If the majority of your customer base is American -- you just simply can't start charging EUROS. You would lose at least 3/4 of your business overnight.
                                                  Yeah whatever idiot... keep talking out of your ass... must be the Limbaugh influence...

                                                  http://biz.yahoo.com/ap/031223/na_fe...ression_2.html
                                                  http://www.mercopress.com/Detalle.asp?NUM=2728
                                                  Know anything about Bush strong dollar policy!?
                                                  Last edited by xxxdesign-net; 01-05-2004, 01:40 PM.

                                                  Comment

                                                  • broke
                                                    Confirmed User
                                                    • Aug 2003
                                                    • 4501

                                                    #26
                                                    Originally posted by xxxdesign-net


                                                    Yeah whatever idiot... keep talking out of your ass... must be the Limbaugh influence...

                                                    http://biz.yahoo.com/ap/031223/na_fe...ion_2.htmlKnow anything about Bush strong dollar policy!?
                                                    Month old news source coupled with your inability to read.





                                                    That title and the rest of the article is based on this quote...

                                                    "My answer to that question about the dollar is that this government is for a strong dollar and that the dollar's value ought to be set by the market and by the conditions inherent in our respective economies, and our economy is very strong and is getting stronger"

                                                    Are you really that stupid?

                                                    No president is going to come out and say they are for a weak dollar! Tell me why a week dollar is not good for the US and the US economy or shut the fuck up.
                                                    Perfect Gonzo

                                                    Comment

                                                    • davecummings
                                                      Confirmed User
                                                      • Oct 2003
                                                      • 2922

                                                      #27
                                                      The present value of the dollar is good for America in that it makes our goods and services cheaper for foreigners to purchase, something we presently need to assure an economic recovery. It also cuts back on dollar-expensive vacationing overseas, thus keep vacationers spending vacation dollars in America which further helps economic recovery.

                                                      Like him and/or his policies or not, the Bush tax cut along with lower interest rates and no significant inflation along with a cheaper dollar might make us more money in the long run as jobs start to be created to replace inventories running low due to cheap dollar costs for our manufactured goods. Lately, productivity innovations has held down some job growth, so we need a cheaper dollar to spur overseas demand for our products to the point that it creates manufacturing jobs.

                                                      My only worry is that high crude oil prices might slow down the economy, or raise inflation (defined as more money chasing the same goods and services) which might cause the Fed to raise interest rates to fight inflation---yes, the election year might possibly hold down rate increases, but....

                                                      Dave
                                                      www.davecummings.com
                                                      Dave Cummings
                                                      www.davecummings.com
                                                      www.davecummings.tv
                                                      San Diego

                                                      Email--- [email protected]

                                                      Comment

                                                      • xxxdesign-net
                                                        My hips don't lie
                                                        • Nov 2002
                                                        • 10129

                                                        #28
                                                        Originally posted by broke


                                                        Month old news source coupled with your inability to read.





                                                        That title and the rest of the article is based on this quote...

                                                        "My answer to that question about the dollar is that this government is for a strong dollar and that the dollar's value ought to be set by the market and by the conditions inherent in our respective economies, and our economy is very strong and is getting stronger"

                                                        Are you really that stupid?

                                                        No president is going to come out and say they are for a weak dollar! Tell me why a week dollar is not good for the US and the US economy or shut the fuck up.
                                                        You're an idiot... a weak dollar has as much risks if not more than benifits... A shitload of top economic experts dont agree with the possibility of Bush keeping the dollar down... Now you come here and act like "YOU know" whats up and claim a weak dollar is definately the way to go!!?

                                                        Comment

                                                        • Basic_man
                                                          Programming King Pin
                                                          • Oct 2003
                                                          • 27360

                                                          #29
                                                          Yes! CAD dollars is going up!!
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                                                          • xxxdesign-net
                                                            My hips don't lie
                                                            • Nov 2002
                                                            • 10129

                                                            #30
                                                            Originally posted by broke


                                                            Month old news source coupled with your inability to read.





                                                            Tuesday December 23, 1:59 pm ET

                                                            oh the irony...

                                                            Comment

                                                            • johnbosh
                                                              Confirmed User
                                                              • Aug 2002
                                                              • 8965

                                                              #31
                                                              damn it

                                                              Comment

                                                              • slapass
                                                                Too lazy to set a custom title
                                                                • Nov 2002
                                                                • 14625

                                                                #32
                                                                You give Bush too much credit. He is spending like a drunken sailor and keeps cutting taxes. Nothing he can do will strengthen the dollar if you have to borrow to run the govt. We have to raise the rates we paid to gain the larger pool of borrowed money and that weakened the dollar and spurred fears of inflation. Europeans just took their investments and went home with them is all.

                                                                Comment

                                                                • BlackCrayon
                                                                  Too lazy to set a custom title
                                                                  • Jun 2003
                                                                  • 19634

                                                                  #33
                                                                  eventually when the US dollar completely collapses because nothing is backing it, we'll all be using euros.
                                                                  you don't know you're wearing a leash if you sit by the peg all day..

                                                                  Comment

                                                                  • broke
                                                                    Confirmed User
                                                                    • Aug 2003
                                                                    • 4501

                                                                    #34
                                                                    Originally posted by xxxdesign-net


                                                                    Tuesday December 23, 1:59 pm ET

                                                                    oh the irony...


                                                                    Nice edit.

                                                                    Why not leave the original article up.
                                                                    Perfect Gonzo

                                                                    Comment

                                                                    • Krille
                                                                      Confirmed User
                                                                      • Mar 2002
                                                                      • 2436

                                                                      #35
                                                                      i wish the sponsors would pay in euro since the dollar sucks nowadays...

                                                                      Comment

                                                                      • playa
                                                                        Confirmed User
                                                                        • Feb 2001
                                                                        • 6432

                                                                        #36
                                                                        Its kind of difficult for me to understand the falling dollar as an american

                                                                        aslong as the Big Mac combo meal stay around $3 then its all good for me. It only went from $2.99 to $3.59 in the last 12 years

                                                                        Comment

                                                                        • Rich
                                                                          So Fucking Banned
                                                                          • Jan 2003
                                                                          • 11486

                                                                          #37
                                                                          Originally posted by slapass
                                                                          You give Bush too much credit. He is spending like a drunken sailor and keeps cutting taxes. Nothing he can do will strengthen the dollar if you have to borrow to run the govt. We have to raise the rates we paid to gain the larger pool of borrowed money and that weakened the dollar and spurred fears of inflation. Europeans just took their investments and went home with them is all.
                                                                          Don't expect the Hannity economists here to think. These people don't understand things like dept and interest, they only understand what Fox news tells them. It's all about being loud, using small words, and coming to a conclusion that they want to hear.

                                                                          Just laugh while they support their country being destroyed.
                                                                          Last edited by Rich; 01-05-2004, 02:38 PM.

                                                                          Comment

                                                                          • rooster
                                                                            Confirmed User
                                                                            • Jan 2003
                                                                            • 2384

                                                                            #38
                                                                            i just had deja vu, all the same exact things were said about reagan
                                                                            Ever notice that pretty much everything added to the Constitution after the original was a mistake.

                                                                            Comment

                                                                            • VeriSexy
                                                                              Join The Royal Family
                                                                              • Apr 2002
                                                                              • 25463

                                                                              #39
                                                                              Originally posted by Basic_man
                                                                              Yes! CAD dollars is going up!!
                                                                              What so good about that?
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                                                                              • broke
                                                                                Confirmed User
                                                                                • Aug 2003
                                                                                • 4501

                                                                                #40
                                                                                Originally posted by Rich


                                                                                Don't expect the Hannity economists here to think. These people don't understand things like dept and interest, they only understand what Fox news tells them. It's all about being loud, using small words, and coming to a conclusion that they want to hear.

                                                                                Just laugh while they support their country being destroyed. :2 cents
                                                                                You are so clueless you barely merit a response.

                                                                                Depreciation of the dollar is one of the few ways (other than an extended and prolonged depression) to cut the deficit to sustainable levels.

                                                                                Can't wait to hear you enlighten all of us with your economic wisdom.

                                                                                Perfect Gonzo

                                                                                Comment

                                                                                • just a punk
                                                                                  So fuckin' bored
                                                                                  • Jun 2003
                                                                                  • 32385

                                                                                  #41
                                                                                  Fucking bush... He is going to bury my savings!
                                                                                  Obey the Cowgod

                                                                                  Comment

                                                                                  • Richard - Triplexcash
                                                                                    Confirmed User
                                                                                    • Aug 2003
                                                                                    • 915

                                                                                    #42
                                                                                    I understand why those not in the US getting paid in dollars are feeling the pain of a weak dollar.

                                                                                    But what is the danger to the United States' economy with the weaker dollar? I know there are some, but I can't think of any.

                                                                                    Some Positives I see are:

                                                                                    -US stock market becomes more attractive to overseas money
                                                                                    -Exports go up/imports go down
                                                                                    -Interest rates are low, which will push expansion

                                                                                    Negatives?

                                                                                    Thanks.
                                                                                    Richard
                                                                                    [email protected]
                                                                                    ICQ: 322574184

                                                                                    Comment

                                                                                    • broke
                                                                                      Confirmed User
                                                                                      • Aug 2003
                                                                                      • 4501

                                                                                      #43
                                                                                      Originally posted by rockdude
                                                                                      Negatives?

                                                                                      Thanks.

                                                                                      Since the people here championing the strong dollar can't/won't answer, I?ll give you one...

                                                                                      Foreign investment.

                                                                                      While investing in the US has long been attractive to foreign investors, it has been due to the strength of the USD and it's stability. A weak dollar that fluctuates somewhat 'wildly' undermines that and would cause foreign investors to think twice.
                                                                                      Perfect Gonzo

                                                                                      Comment

                                                                                      • xxxdesign-net
                                                                                        My hips don't lie
                                                                                        • Nov 2002
                                                                                        • 10129

                                                                                        #44
                                                                                        Originally posted by rockdude

                                                                                        But what is the danger to the United States' economy with the weaker dollar? I know there are some, but I can't think of any.

                                                                                        Some Positives I see are:

                                                                                        -US stock market becomes more attractive to overseas money
                                                                                        -Exports go up/imports go down
                                                                                        -Interest rates are low, which will push expansion

                                                                                        Negatives?

                                                                                        Thanks.

                                                                                        We have another economic expert here folks! Real TOP economic experts constantly debate and disagree on the pros and cons of a weak dollar but this guy is above that! He definately knows whats up.. 'cause he listen to Fox News!!

                                                                                        Comment

                                                                                        • Richard - Triplexcash
                                                                                          Confirmed User
                                                                                          • Aug 2003
                                                                                          • 915

                                                                                          #45
                                                                                          I see what you mean, though the investment is cheaper now for foreign money, if the dollar continues to devalue, their investments/returns would as well.

                                                                                          Also, if the central bank lets the money supply get too large, inflation will be a problem during a recovery. I think the Feds have done a great job, or just been lucky, with the money supply since the 70's...hope they keep up the good job there!

                                                                                          Thanks!
                                                                                          Richard
                                                                                          [email protected]
                                                                                          ICQ: 322574184

                                                                                          Comment

                                                                                          • BigFish
                                                                                            Confirmed User
                                                                                            • Jan 2003
                                                                                            • 1159

                                                                                            #46
                                                                                            Originally posted by xxxdesign-net



                                                                                            We have another economic expert here folks! Real TOP economic experts constantly debate and disagree on the pros and cons of a weak dollar but this guy is above that! He definately knows whats up.. 'cause he listen to Fox News!!
                                                                                            What was wrong with his post? He was asking a question and stating his observations based on basic economic theory. Did you fall asleep in economics 101 or something? I don't see anything about fox in his post, do you?

                                                                                            Comment

                                                                                            • Richard - Triplexcash
                                                                                              Confirmed User
                                                                                              • Aug 2003
                                                                                              • 915

                                                                                              #47
                                                                                              Originally posted by xxxdesign-net



                                                                                              We have another economic expert here folks! Real TOP economic experts constantly debate and disagree on the pros and cons of a weak dollar but this guy is above that! He definately knows whats up.. 'cause he listen to Fox News!!
                                                                                              Please wise one, enlighten me.
                                                                                              Richard
                                                                                              [email protected]
                                                                                              ICQ: 322574184

                                                                                              Comment

                                                                                              • Rich
                                                                                                So Fucking Banned
                                                                                                • Jan 2003
                                                                                                • 11486

                                                                                                #48
                                                                                                Originally posted by broke


                                                                                                You are so clueless you barely merit a response.

                                                                                                Depreciation of the dollar is one of the few ways (other than an extended and prolonged depression) to cut the deficit to sustainable levels.

                                                                                                Can't wait to hear you enlighten all of us with your economic wisdom.



                                                                                                Clueless? Wanna compare sheepskins pal?

                                                                                                See... stupid people break things down as simply as possible, and use general statements to justify the fact that they're wrong. Sure a lower dollar CAN be a way to cut the deficit, but if that's your only plan, then you're fucked. If you can explain how increasing the dept by borrowing as much as possible for bullshit reasons then keeping the dollar down is helping the economy, then I'll hire you to sell swampland in Florida to Donald Trump.

                                                                                                If you think the way this administration is handling the economy is in any way, shape, or form a positive thing for the country, then here's the gun pal, save the world from further generations of your ignorant children.

                                                                                                Comment

                                                                                                • broke
                                                                                                  Confirmed User
                                                                                                  • Aug 2003
                                                                                                  • 4501

                                                                                                  #49
                                                                                                  Originally posted by xxxdesign-net



                                                                                                  We have another economic expert here folks! Real TOP economic experts constantly debate and disagree on the pros and cons of a weak dollar but this guy is above that! He definately knows whats up.. 'cause he listen to Fox News!!

                                                                                                  What have you offered to the thread shithead? Other that fox news this and fox news that...

                                                                                                  What's your economic policy?

                                                                                                  That's right... you don't have one, but want to champion a strong dollar. Hell -- I've given more negatives to a weak dollar than you have.

                                                                                                  Carry on... Hannity and (who is his partner) this and Hannity and his partner that.

                                                                                                  Blah blah blah
                                                                                                  Perfect Gonzo

                                                                                                  Comment

                                                                                                  • sacX
                                                                                                    Confirmed User
                                                                                                    • Dec 2002
                                                                                                    • 2998

                                                                                                    #50
                                                                                                    Originally posted by rockdude
                                                                                                    I understand why those not in the US getting paid in dollars are feeling the pain of a weak dollar.

                                                                                                    But what is the danger to the United States' economy with the weaker dollar? I know there are some, but I can't think of any.

                                                                                                    Some Positives I see are:

                                                                                                    -US stock market becomes more attractive to overseas money
                                                                                                    -Exports go up/imports go down
                                                                                                    -Interest rates are low, which will push expansion

                                                                                                    Negatives?

                                                                                                    Thanks.
                                                                                                    US stock market is unattractive to foreign investors. Yes the dow, nasdaq etc have gone up, but if you adjust for the depreciation of the USD the market has shown anaemic growth.



                                                                                                    Imports are actually going up faster than exports, because the US is further ahead in the economic recovery phase. Foreigners are still feeling the hurt, intensified by the USD fall, so they're not buying USD goods.

                                                                                                    Interest rates are low, but the money supply M2, M3 is actually srhinking, what does this mean? people aren't borrowing money, even though the Government is giving it away



                                                                                                    One negative from US perspective is that foreigners will more likely buy US tangible assets like property, or maybe takeover some corporations.
                                                                                                    Have Asian Language Traffic?

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