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HDV Content on Demand.... You named it we shoot it
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Anyone thought of taking advantage of the cheap dollar?
Ya know its cheaper for non-us surfers to buy porn now, so why not just tell them? It works
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When enough people belive and start to speculate heavily that USD will go down, it will. Bush better do something against it. I guess the USD will keep up another 5-10 years, but things can change fast. better diversify parts of your USD accounts into ? and £.Comment
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I hope it get's back to the "old days" I'm getting killed when I convert US dollar cheques to CDN$. Used to be 1.54 or so, today 1.20 (that's 34 points for the mathematically-challenged)Comment
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I'm curious... if you have a degree, you should be more capable of giving a reasoned response than the general GFY troglodytic rabble.Originally posted by Chupachups
Dude, for fucks sake.... I have a degree in economics. And yeah, think real hard about it and you´ll understand I am not trying to get any sig impression.... 
What's your impression on the rapidly flattening yield curve? I'm seeing those short term rates shooting up up up with no end in sight (and they're ever talking about acceleration of rate increases from 25 to 50 BPs, possibly more!)... a classic sign of pending recession.
I'm also curious as to your impression about the hyperheated real-estate market (people buying 2nd houses entirely on credit, largely on floating rate loans) given the current trends in interest rate growth, weakening dollar, and the new "fuck the little guy" bankruptcy legislation.~
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[QUOTE=rickholio]I'm curious... if you have a degree, you should be more capable of giving a reasoned response than the general GFY troglodytic rabble.
QUOTE]
Dude, I didnt give a troglodytic answer (didnt know there was an adjective to that actually).
Well, I think you know none of those questions are easily answered.......
of course, as expected something had to happen eventually, such low interest rates have to correct. Therefore, I don't necessrly belive in a recession - more have to happen before. I remember the real estate market (here)in Sweden during the 1990s - it struck us hard and I can't really belive why others have not learned from others, the history seems to repeat itself....
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Yes the dollar will crash
It is going to be replaced by the "'Amero" which will be a single currency covering the entire hemisphere from Chile to Canada.
Bush, Fox, and the Canadian prime minister just concluded talks in Texas last week securing the northern hemisphere into a single trading block and joint security. You Canadians no longer have a border with the US and we Americans no longer have a border with Mexico.
Last I read, Miami will be the capital of the Free Trade Area of the America's by 2012 http://www.ftaa-alca.org/alca_e.aspComment
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Before the introduction of the Euro, all member countries had very strict rules to comply with. Many of these rules had to do with one country's debt.Originally posted by mockingbich
Considering that many countries in South America are poor, it would be fair to say that they couldn't comply with any set of rules. Argentina had a major crisis only a couple years ago. So, the theory of one currency used from Chile to Canada is therefore blown out of the water.
Maybe read and learn before you troll around.SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.Comment
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Maybe you should read the link I posted. The "amero" is not a theoryOriginally posted by Mike Okitch
Trust me - I wish it wasn't trueComment
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http://www.answers.com/topic/american-currency-unionOriginally posted by mockingbich
"Currency union in the Americas is a proposal supported by some economists, but it is an idea that is not likely to be enacted in the near future. The idea is based on the common European currency, the euro. The theoretical American currency is sometimes referred to as the amero."
Read this. Interesting read actually. But even with tons of countries in South America using the US dollar as the de facto currency, they would still need to comply with very strict rules in order to make this a viable currency that would be capable of replacing the US dollar and compete against the Euro. I doubt that South American countries would be in a position to do that anytime soon.SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.Comment
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Macro Economics people...
- Low dollar causes exports from the US to be high, causing $$ to travel more and more from foreign countries back into the US.
- More and more $$ in the US means Americans have more $$ to spend
- More $$ to spend in the US by Americans means inflation goes up
- Inflation going up means stuff getting more expensive in the US, people can spend less $$
- For the US to still have money to spend since $$ is worth less EVERYWHERE (yes, its EVERYWHERE, even in the US) the US has to either buy back $$ (which it can not because it simply has no friggin money anyway) or PRINT MONEY
- Printing money: inflation goes up.
Its good for exports, its BAD .. VERY VERY BAD in the longrun for EVERYONE involved. Having a low $$ is not great people, really is not, even for you americans its not.
The US Gov will HAVE to soon do something against this...
If a CHEAP currency was that great, I wonder why all the friggin 3rd world countries with shitty currencies do not make BILLIONS in exports ;)"Think about it a little more and you'll agree with me, because you're smart and I'm right."
- Charlie MungerComment
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Question?
Can't they just take the gold from Knox and change it in for a bunch of Euro? :trying to be funny mode off:
That's some pretty scary stuff!
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"Top expert on currency"?????? Mohamad???
skype = "adultdatelink"Comment
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Cool - thanks for the link! It's hard for me to find much information on this...Originally posted by Mike OkitchComment
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"A major obstacle to the creation of a unified currency is the sheer dominance of the United States in any such union. Unlike any state in Europe, the USA has a larger economy than all the other American nations combined, and monetary policy would thus inevitably be heavily tilted in favour of the United States."
THis is exactly why I believe the dollar will devalue and crash.... The entire premise of the FTAA is to "level the playing field." Dominance of the US dollar makes it difficult to bring America on board. Weren't the most fervent efforts against the Euro launched by the British who had their own strong currency at the time? If America's dollar suffered then it might be easy to convince the US population to join a common currency with south and central america
Warren Buffet said 2-3 weeks ago that American's spending habits and credit consumption was leading us to a nation of sharecroppers. I fear he is wise in his remarksComment
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Sure does...Originally posted by Manowarsucks for all non-us affiliates
Originally posted by Dazza
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Originally posted by WarChildOPEC leaders that try to change the Petro Dollar Standard will be met with swift and blinding regime change.
It happened with IRAQ already.
Didn't Saddam move to EURO before he "attacked" the WTC?
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I have a similar problem here. I worked out that if the exchange rate was the same now as it was in 2001, I would have been more than $AUD50k ahead last financial year. $AUD50k is about $USD40k at current exchange rates.Originally posted by Keyser SozeI get less than 50% now per signup in Danish Kroner than I did when I first started. With the falling exchange rate and lowered payout by most programs.
It really sucks I am all for the Dollar being strong.
Graph for the last 5 years US$ against Danish Kroner:
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take all your useless dollars and mail them to me, ill pay postage.want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.Comment
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It's gonna be a bitch when USD's declining value 'frees up' all the dollars being used for business OUTSIDE of the US. Once people start exchanging these for EUROS or YEN, the dollars head back to the US and will probably cause a 1 to 2% uptick in inflation if enough flow back.
http://www.j-bradford-delong.net/mov...es/000032.html
Word of the day: SEIGNIORAGE
Seigniorage: Seigniorage is the profit which accrues to the "seigneur" when he exercises his "royal right" to coin money without the obligation to supply anything in return for the means of payment which he puts into circulation. The Central Bank, acting on behalf of the State, is the best example of modern-day enjoyment of seigniorage. To a much smaller extent, the banks also enjoy seigniorage when they create bank money through credit. In return for the interest that they receive they must bear the cost of a partial reserve in central bank money corresponding to the loans they have granted, but they also receive interest on the deposit. An argument often advanced against the world-wide privilege enjoyed by the dollar is the seigniorage it procures for the American banking system.Comment
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"This is the home page of the Single Global Currency Association (SGC), which is dedicated to the goal of implementing a single global currency by 2024. We shall achieve this goal through education and persuasion."
http://www.singleglobalcurrency.org/
Thou shall and thou will achieve, there is no choice. The SGC met last year at Bretton Woods, the traditional meeting place for setting world economic policy. There's a Zogby Poll that says 25% support a single world currency (yet 47% strongly oppose). They even boldy assert their future goals as if they are guaranteed to transpire to "add realism" to the idea.
The fascists will be happy to know that Mahathir Mohamad already endorsed the SGC in 2001 ("No country should dominate international finance and commerce"). They also have a nice quote from Rep Ron Paul making him appear to endorse globalization (wow) and a gold-back single world currency. Plus Alan Greenspan seems to support the idea, along with Paul Vocker (former FED Chairman, currently investigating UN-Oil For Food scandal).
International currencies have only been floating since 1971, when the Bretton Woods System failed so it's likely to change again. A world currency is eventually inevitable. In 1988 the Economist had a cover story that said "Get Ready for a World Currency" ... "Get Ready for the Phoenix".
The "Amero" is somewhat already here considering countries like El Salvador and Ecuador are 'dollarized'. To me there's some ambiguity with the Euro and the Dollar, since for a long time the term eurodollar has meant a USD deposited in a European bank.
I personally hate fiat currencies, fragmented-energy based economies, big government, and the pending global slavery. I'm waiting for Americans to remember we're a Republic and to embrace room temperature superconductors. In the meantime, it's not illegal to use other currency besides Federal Reserve Notes.
Check out the Liberty Dollar - http://www.libertydollar.org/Comment
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you guys crack me up... you got no idea about your own countries economy and then just laugh at this post and say its a joke.
looking at the USD/EUR charts is far from being a joke or funnyComment
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Things will keep getting worse for some time to comeComment
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When I see a site that has links about "Not counterfeit", I see this as "Not a scam".Originally posted by quant
And whenever a site tries to sell me on what they are not rather than what they are, it makes me suspicious at best. "Legitimate", "not counterfeit" are words that I have too often seen on chain letters.
A currency with an affiliate program too? Yeah right.SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.Comment
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Good idea. That's the best thing to do right now is to find ways to benefit from its weakness. Have to make the best out of what you're given when you can't change it.Originally posted by Dirty DaneAnyone thought of taking advantage of the cheap dollar?
Ya know its cheaper for non-us surfers to buy porn now, so why not just tell them? It worksComment
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... please compare to 1993 and stop listening to malaysian grand fathers. it's all good.Originally posted by DarkJediComment
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exactly...clueless people galore...Originally posted by Trax
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It's not really good for exports, stability in the currency would be better. This is because the weak USD kills exporters in other countries (where exports matter much more to the economy, e.g. japan, germany etc).. These economies stagnate or have low growth and they save instead of buying cheaper US products.Originally posted by NathanComment
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I see Saddam as more a target of convience. If he had have been removed from office in Gulf War I, the Iraqi People would be 10+ years in to their recovery. Luckily for Manifest Destiny, he was still kicking when it came time to "step in" to the Middle East.Originally posted by yanniIt happened with IRAQ already.
Didn't Saddam move to EURO before he "attacked" the WTC?
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Afghanistan just isn't as strategically valuable as Iraq. Iraq is a large, central country. Air bases and ground units can be effectively stationed, oil is plentiful and Iran is an easy target for a prolonged air only campaign from Iraq.
Saddam was an easy sell for public support. He gassed some Kurds, at one point. Scream "WMD" to one crowd and chant "Freedom" to the next and the American public is on board. Before anyone even knew what the fuck hit them, America was central in the Middle East.
Morally wrong? Probably. Effective? Remains to be seen.Last edited by WarChild; 04-01-2005, 04:14 AM..Comment
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Perhaps you should consider that the person saying "it's not counterfeit money" is a Secret Service agent and the person saying it's legitimate is a spokesperson for the U.S. Treasury Dept. NORFED, a non-profit organization, is political / educational in nature, so naturally they want to convince you of who they are and what they are offering.Originally posted by Mike Okitch
If you ever read the Constitution, you might notice this part "No State shall...make any Thing but gold and silver Coin a Tender in Payment of Debts". Technically fiat currency is unconstitutional and so our notes of debt are truly counterfeit (they have no intrinsic value).
I agree that a currency with an affiliate program sounds dubious but their goal is to get people as many people to use it as possible. Competition can be tough from legal cartels (the Federal Reserve is a private company) who hold a monopoly over international finance.
Either way it's cool that you know the liberty dollars are actually backed by silver or gold and thus are owned by the people (individuals are sovereign) and not a debt obligation to the Federal Reserve.
Take a few minutes and watch the Learning Channel special about NORFED and the liberty dollar. http://www.libertydollar.org/tlc/libertydollar.wmvComment
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