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Yes, I was a big dummy.... someone sent me the link and I didn't pay close enough attention to the date...
Having said that, a global currency would be a disaster. Each country has it's own culture, it's own priorities and it's own set of values. The only way for certain countries to keep up with world trade is to de-value their currency so that their export...s get cheaper. A world currency would create permanent "ghetto countries", that would NEVER be able to get out of their mired economies. It would also then stifle more productive countries in order to cover the debt levels of the less productive. In the end, you would completely kill economic progress on the planet. Look at the Euro. Personally I don't think it will last 5 more years. If you want a world currency, then I guess you want everyone to have only one culture, one set of values and one world government. Personally I don't think it will happen, and I wouldn't want to live to see it. . |
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If it were then Zimbawbe would be enjoying a golden age. |
Fuck, the dollar is falling for years now.. :(
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We hit the 1.40 $/EUR exchange rate, though. Now I remember a coupld of years ago, it was much worse (>1.60). Those were great times of cheap hosting. Unfortunately, all my revenue is in USD nowadays... :disgust |
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Get the fuck out of here with that comparison. There has been an on going effort to cripple the nation ever since the colonial jackasses got run out by Mugabe. You can't even spell the place so I'm sure you know nothing about it except lies. |
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the financial institutions are now running washington.. its not going to matter who is in office anymore, you are going to see the total destruction of the middle class in the next 50 years.. you cry about taxes now.. wait until the tax rate is 70%.. we not see this in our lives, but i wouldnt bet against it.. the US economy has been propped up by nothing more than credit for a long time and now that a lot of that credit is gone, there is nothing left to continue that trend.. our entire infrastructure is quickly becoming that of a 3rd world country and people would rather be selfish and cry about raising their taxes.. our education system is worsening by the year and in a time when the jobs for the uneducated, like you Ron, are slowly disappearing.. manufacturing jobs are not coming back to this country and what we need is a shift in the workforce from unskilled to highly skilled.. the people like you Ron, the low iq ones, can take care of the remaining service jobs like construction (you might want to get your hammer back out roofer boy) and laborers.. i cant wait for an administration change, so all you republican cheerleaders will see that there will be no difference in the course this country is headed... and Ron, please go take some political science classes at your local community college. its embarrassing to keep watching you make a fool of yourself trying to have adult conversations by repeating what you hear on the news.. when you get a firm understanding of how govt works these days, please come back and we can have an intelligent discussion... your stupidity in no longer amusing to me.... :2 cents: . |
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It's Reagan, btw.
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50 worthless greenbacks
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This article is 2 years old! What the heck??? :1orglaugh
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Here is a graph that shows the dollars exchange rate history since March 25, 2009
http://www.lifestyleamateurs.com/dollar.png I am not defending the administrations actions... but I would point to this graph as proof that the people in this thread that say they know something about the subject and point to monetary policy as some kind of deviation from the norm don't know what they are talking about. :2 cents: edit: this graph is from http://www.oanda.com/currency/historical-rates/ |
So everyone thinks it is cool that the dollar is artificially strong since we are the reserve currency? why is that?
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Holy shit it jumped from 1.39 to 1.41...Horrible....
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:1orglaugh |
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