We all know Bush fucked up the economy but will Kerry, when elected, be able to push the shitty currency in the right direction? ^UP^ 
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I can only say - I hope so...I don't use ICQ anymore. -
Can it get much lower?Comment
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Only if he puts in protections for the Labor force getting ass raped by outsourcing.Originally posted by Jizar II
We all know Bush fucked up the economy but will Kerry, when elected, be able to push the shitty currency in the right direction? ^UP^
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I don't know, but I'm willing to bet that Bush, if elected, will continue to fuck up...Sleep well, and dream of large women.
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I think the US dollar is purposely going down. Too many companies are going offshore because of cheap labor, even as far as India for high tech help. Lower the dollar and it will bring back work to the States since it would be more cost effective.
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even if kerry wins it wouldn't go up very high, it will be a while before it hits the level it used to beComment
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Does anyone with an economic background think it is possible that the USD will be ( almost ) as strong as Euro in the next 1-2 years?I don't use ICQ anymore.Comment
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because of bush we are loosing money
it was fine 2 years ago
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Make Europe Poor Again (MEPA)Comment
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as long as our money gains ground on canada im happy
....crappy 1.25 or something like that....
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Good question! - I'm getting depressed looking at my USD account.. should have flushed the US-Rubles into EUR soonerOriginally posted by polish_aristocrat
Does anyone with an economic background think it is possible that the USD will be ( almost ) as strong as Euro in the next 1-2 years?
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Originally posted by Pete
I think the US dollar is purposely going down. Too many companies are going offshore because of cheap labor, even as far as India for high tech help. Lower the dollar and it will bring back work to the States since it would be more cost effective.
I post on GFY so that when people ask me what I do,
I can tell them that I work with the mentally retarded.Comment
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Anyone who knows anything about the US economy (beyond the basics), knows the dollar is artificially being kept low right now. There are many advantages to it - one is that it incourages US exports because the price is right.- *** -Comment
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If Clinton would be able to comeback...
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Neither can help it at this point. The USD is in a death spiral. You -might- see a bump on the election results if it is Kerry. The election (one day) does not fix damage that has been caused over the last 5 years.Originally posted by Jizar II
We all know Bush fucked up the economy but will Kerry, when elected, be able to push the shitty currency in the right direction? ^UP^
Eur/USD at $1.35 is not too hard to imagine. I had it pegged at $1.50, but it is still not there, yet.
I am holding most of my money in AUD/NZD/EUR. Fuck the dollar at this point.
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It's not being kept artificially low. It is a consequence of trying to stimulate the economy. Low federal reserve interest rates increases the supply of USD and reduces demand (compared to other currencies)..Originally posted by hottoddy
Anyone who knows anything about the US economy (beyond the basics), knows the dollar is artificially being kept low right now. There are many advantages to it - one is that it incourages US exports because the price is right.
Huge fiscal spending floods the markets with dollars, and the trade deficit also leads to large USD selling pressure.Comment
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I post on GFY so that when people ask me what I do,
I can tell them that I work with the mentally retarded.Comment
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Artificially? Have you seen the debt? The war in Iraq? The price of oil? The price of gold? From what I understand, the US economy sucks right now.Originally posted by hottoddy
Anyone who knows anything about the US economy (beyond the basics), knows the dollar is artificially being kept low right now. There are many advantages to it - one is that it incourages US exports because the price is right.
The worlds markets are telling you something, if you do not want to hear their warnings.... you are doomed.
The USD is merely a piece of paper that is being treated like the 'reformed' street whore.Comment
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The massive Bush deficits will cause huge inflation in 3-4 years, followed by 15% interest rates and a very high dollar.
Kerry can't stop that, but it will be a little less bad.
PaulComment
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Ahhh, the Jimmy Carter method. We saw how well that worked.Originally posted by Paul Waters
The massive Bush deficits will cause huge inflation in 3-4 years, followed by 15% interest rates and a very high dollar.
Kerry can't stop that, but it will be a little less bad.Comment
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I post on GFY so that when people ask me what I do,
I can tell them that I work with the mentally retarded.Comment
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I like how it seemed to calm down... and then BANG. Hello George.Originally posted by BRISK
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Democrats are always better with the economy as a whole and Kerry is a very smart businessman and hasn't run any business's into the ground like bush has many times...Comment
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I thought it got paid down a bit, under Clinton...... who was a ..... Democrat!
Originally posted by BRISK
PaulComment
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Kerry will bring back the foreign investment that left once dubya stole the elections.Telegram PhoenixBrad
https://quantads.ioComment
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Originally posted by xclusive
Democrats are always better with the economy as a whole and Kerry is a very smart businessman and hasn't run any business's into the ground like bush has many times...
1) What usually helps is a split... Clinton didn't start to approach balanced budgets until Republicans took over Congress... and those same Republicans started spending again once they got one of their own as Pres.
You want to keep spending down? Don't let EITHER party have total control in Washington.
2) Kerry is a smart businessman?? What business has he run? Not saying he didn't. I would just like to be educated.
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i would cum like a horseOriginally posted by polish_aristocrat
Does anyone with an economic background think it is possible that the USD will be ( almost ) as strong as Euro in the next 1-2 years?
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If Kerry is elected it will go up initially but who knows how long it will stay that wayComment
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i hope that kerry will be able to fix it backPrograms that owe me money ---- Epassporte.com ~ $2700 | Protraffic.com ~ $2600 | XonDemand.com ~ $3000
Email: [email protected]Comment
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I doubt he will put it up but at least he can try to stop it from falling . Bush don't even try. He just put more money in his compagnie's pocketsOriginally posted by rayadp05Comment
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It's 1.20 damn it, 1.20. wth if Bush doing?Originally posted by wedouglas
as long as our money gains ground on canada im happy ....crappy 1.25 or something like that....
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Yup, gotta love that fiscal conservative Dubya....oh....wait....Originally posted by Project-Shadow
I like how it seemed to calm down... and then BANG. Hello George.
I post on GFY so that when people ask me what I do,
I can tell them that I work with the mentally retarded.Comment
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The only way you can get any real data from that graph is to compare it to the GDP for the same time period.Originally posted by BRISK
A record deficit combined with record GDP is not necessarily bad..Comment
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I don't think the US goverment cares that much how much Canadians get for a US dollar. 1 dollar still = 1 dollar in America.
Lots of factors go in to forming the value of a currency. A low US dollar is good in a lot of ways for US exports and paying off debt.
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I doubt the USD will get any better in the next yearOriginally posted by rayadp05Comment
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