Strongest USD => Kerry or Bush? - GoFuckYourself.com

Jizar II · 11-01-2004, 04:58 PM

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^

polish_aristocrat · 11-01-2004, 05:01 PM

I can only say - I hope so...

swedguy · 11-01-2004, 05:01 PM

Can it get much lower?

AlienQ - BANNED FOR LIFE · 11-01-2004, 05:02 PM

Quote:

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^

Only if he puts in protections for the Labor force getting ass raped by outsourcing.

Dagwolf · 11-01-2004, 05:03 PM

I don't know, but I'm willing to bet that Bush, if elected, will continue to fuck up...

Pete · 11-01-2004, 05:08 PM

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.

hydro · 11-01-2004, 05:10 PM

even if kerry wins it wouldn't go up very high, it will be a while before it hits the level it used to be

polish_aristocrat · 11-01-2004, 05:14 PM

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?

CAHEK · 11-01-2004, 05:14 PM

because of bush we are loosing money

it was fine 2 years ago

VOTE KERRY

wvuatl · 11-01-2004, 05:17 PM

whoever wins will have to replace Greenspan

http://money.cnn.com/2004/11/01/news...tion_fed.reut/

wedouglas · 11-01-2004, 05:17 PM

as long as our money gains ground on canada im happy

....crappy 1.25 or something like that....

Jizar II · 11-01-2004, 05:18 PM

Quote:

Originally 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?

Good question! - I'm getting depressed looking at my USD account.. should have flushed the US-Rubles into EUR sooner

BRISK · 11-01-2004, 05:19 PM

Quote:

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.

hottoddy · 11-01-2004, 05:23 PM

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.

asuna · 11-01-2004, 05:26 PM

If Clinton would be able to comeback...

davidd · 11-01-2004, 05:39 PM

Quote:

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^

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.

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.

-dd

sacX · 11-01-2004, 05:39 PM

Quote:

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.

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)..

Huge fiscal spending floods the markets with dollars, and the trade deficit also leads to large USD selling pressure.

BRISK · 11-01-2004, 05:41 PM

http://www.brillig.com/debt_clock/

davidd · 11-01-2004, 05:42 PM

Quote:

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.

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.

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.

Paul Waters · 11-01-2004, 05:42 PM

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.

davidd · 11-01-2004, 05:44 PM

Quote:

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.

Ahhh, the Jimmy Carter method. We saw how well that worked.

BRISK · 11-01-2004, 06:00 PM

Project-Shadow · 11-01-2004, 06:35 PM

Quote:

Originally posted by BRISK

I like how it seemed to calm down... and then BANG. Hello George.

xclusive · 11-01-2004, 06:36 PM

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...

Paul Waters · 11-01-2004, 06:43 PM

I thought it got paid down a bit, under Clinton...... who was a ..... Democrat!

Quote:

Originally posted by BRISK

Vitasoy · 11-01-2004, 06:55 PM

I can only hope, he can

Phoenix · 11-01-2004, 06:56 PM

Kerry will bring back the foreign investment that left once dubya stole the elections.

NoHassleSteve · 11-01-2004, 07:54 PM

Quote:

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.

nastyking · 11-01-2004, 07:59 PM

Quote:

Originally 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?

i would cum like a horse

flashfire · 11-01-2004, 08:03 PM

If Kerry is elected it will go up initially but who knows how long it will stay that way

zentz · 11-01-2004, 08:17 PM

i hope that kerry will be able to fix it back

Doctor Dre · 11-01-2004, 08:18 PM

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 pockets

Roger · 11-01-2004, 08:53 PM

Quote:

Originally posted by wedouglas
as long as our money gains ground on canada im happy ....crappy 1.25 or something like that....

It's 1.20 damn it, 1.20. wth if Bush doing?

BRISK · 11-01-2004, 10:06 PM

Quote:

Originally posted by Project-Shadow
I like how it seemed to calm down... and then BANG. Hello George.

Yup, gotta love that fiscal conservative Dubya....oh....wait....

Jizar II · 11-02-2004, 05:07 PM

Dalai lama · 11-02-2004, 05:08 PM

lower

WarChild · 11-02-2004, 05:11 PM

Quote:

Originally posted by BRISK

The only way you can get any real data from that graph is to compare it to the GDP for the same time period.

A record deficit combined with record GDP is not necessarily bad.

WarChild · 11-02-2004, 05:13 PM

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.

Doctor Dre · 11-02-2004, 05:16 PM

I doubt the USD will get any better in the next year

11-01-2004, 04:58 PM	#1
Jizar II Confirmed User Industry Role: Join Date: May 2001 Location: LLL© Posts: 1,425	Strongest USD => Kerry or Bush? 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^

11-01-2004, 05:01 PM	#2
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	I can only say - I hope so... __________________ I don't use ICQ anymore.

11-01-2004, 05:03 PM	#5
Dagwolf President of Canada Join Date: Sep 2003 Location: Leaving Hell, Entering Limbo Posts: 23,141	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.

11-01-2004, 05:08 PM	#6
Pete Confirmed User Join Date: Jan 2001 Location: Mr. Rogers Neighborhood Posts: 6,617	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. __________________ Evoke Electronics

11-01-2004, 05:14 PM	#8
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	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.

11-01-2004, 05:01 PM	#3
swedguy Confirmed User Industry Role: Join Date: Jan 2002 Posts: 7,981	Can it get much lower?

11-01-2004, 05:10 PM	#7
hydro Confirmed User Join Date: Dec 2003 Location: Dirty 3rd Posts: 4,216	even if kerry wins it wouldn't go up very high, it will be a while before it hits the level it used to be

11-01-2004, 05:14 PM	#9
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 7,092	because of bush we are loosing money it was fine 2 years ago VOTE KERRY __________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

11-01-2004, 05:17 PM	#10
wvuatl Confirmed User Join Date: May 2004 Location: New Jersey Posts: 604	whoever wins will have to replace Greenspan http://money.cnn.com/2004/11/01/news...tion_fed.reut/ __________________ Get you some vibrators for women now!

11-01-2004, 05:17 PM	#11
wedouglas So Fucking Banned Join Date: Aug 2004 Location: Dearborn, MI Posts: 5,921	as long as our money gains ground on canada im happy ....crappy 1.25 or something like that....

11-01-2004, 05:23 PM	#14
hottoddy Confirmed User Join Date: Oct 2002 Location: PacNorWest Posts: 3,049	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. __________________ - *** -

11-01-2004, 05:26 PM	#15
asuna Confirmed User Join Date: May 2002 Location: Montreal Posts: 8,743	If Clinton would be able to comeback... __________________

11-01-2004, 05:41 PM	#18
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	http://www.brillig.com/debt_clock/ __________________ I post on GFY so that when people ask me what I do, I can tell them that I work with the mentally retarded.

11-01-2004, 05:42 PM	#20
Paul Waters Confirmed User Join Date: Mar 2003 Location: Toronto, Ontario Posts: 4,402	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. __________________ Paul

11-01-2004, 06:00 PM	#22
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	__________________ I post on GFY so that when people ask me what I do, I can tell them that I work with the mentally retarded.

11-01-2004, 06:36 PM	#24
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	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... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

11-01-2004, 06:55 PM	#26
Vitasoy GFY HALL OF FAME DAMMIT!!! Join Date: Oct 2003 Posts: 58,202	I can only hope, he can __________________ [email protected]

11-01-2004, 06:56 PM	#27
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,465	Kerry will bring back the foreign investment that left once dubya stole the elections. __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

11-01-2004, 08:03 PM	#30
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	If Kerry is elected it will go up initially but who knows how long it will stay that way

11-01-2004, 08:17 PM	#31
zentz Confirmed User Industry Role: Join Date: Nov 2003 Posts: 8,053	i hope that kerry will be able to fix it back __________________ Programs that owe me money ---- Epassporte.com ~ $2700 \| Protraffic.com ~ $2600 \| XonDemand.com ~ $3000 Email: [email protected]

11-02-2004, 05:07 PM	#35
Jizar II Confirmed User Industry Role: Join Date: May 2001 Location: LLL© Posts: 1,425

11-02-2004, 05:08 PM	#36
Dalai lama Strength and Honor Join Date: Jul 2004 Location: Europe Posts: 16,540	lower __________________ A program you can trust. Gallerybooster Run multiply TGPs of 1 script

11-02-2004, 05:13 PM	#38
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	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. __________________ .