The U.S. dollar is going down the toilet.

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  • Dagwolf
    President of Canada
    • Sep 2003
    • 23141

    #1

    The U.S. dollar is going down the toilet.

    http://www.x-rates.com/d/CAD/USD/graph120.html

    I can't stand it! It's like getting a pay cut every single month. It burns me up every time I go to the bank machine or the store.
    Sleep well, and dream of large women.

  • madawgz
    8.8.8.8
    • Mar 2006
    • 30509

    #2
    i had a US bank account here in canada......i should have exchanged my $ a long time ago fuck
    TAEMDLRMSKRJIXMRLSMRJ.

    Comment

    • BradM
      Confirmed User
      • Dec 2003
      • 3397

      #3
      Don't play with this then. ;)
      http://www.bankofcanada.ca/en/rates/exchform.html

      Comment

      • BradM
        Confirmed User
        • Dec 2003
        • 3397

        #4
        18 Jan 2002 (high) 1.6132 (0.6199)
        12 Jun 2006 (low) 1.0990 (0.9099)

        Comment

        • sixxxthsense
          Confirmed User
          • Aug 2004
          • 2421

          #5
          Originally posted by BradM
          18 Jan 2002 (high) 1.6132 (0.6199)
          those were the days still

          Comment

          • Martin
            "Assassins"
            • Dec 2001
            • 17278

            #6
            I traded all my US money in today.

            Comment

            • SgtStrider
              Confirmed User
              • Oct 2005
              • 1196

              #7
              dude have you seen the liquid currency rate? gold? its dropped $150 in an month so far.

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              Comment

              • Antonio
                Too lazy to set a custom title
                • Oct 2001
                • 14136

                #8
                Originally posted by SgtStrider
                dude have you seen the liquid currency rate? gold? its dropped $150 in an month so far.

                it's doing pretty good here, it went from 6 bucks for a dollar to 6.80 in one month, so in fact I got a raise ;)

                and with the gold price going down, and investors pulling out of emerging markets, it'll only get better

                Comment

                • TheSenator
                  Too lazy to set a custom title
                  • Feb 2003
                  • 13340

                  #9
                  A lot of currency is down. No biggie.
                  ISeekGirls.com since 2005

                  Comment

                  • Paul
                    Confirmed User
                    • Nov 2002
                    • 2637

                    #10
                    It started to go down the toilet as soon as the euro was introduced as a currency

                    Comment

                    • DTK
                      Confirmed User
                      • Feb 2002
                      • 4546

                      #11
                      Originally posted by Dagwolf
                      http://www.x-rates.com/d/CAD/USD/graph120.html

                      I can't stand it! It's like getting a pay cut every single month. It burns me up every time I go to the bank machine or the store.
                      Get used to it Dollar's had a nice runup over the last days thanks to that "talk up the dollar" session last week. But shortly people will wake up and remember that the US is very close to the end of a rate increase cycle, while euroland is in the early stages of an increase cycle. The next couple years are going to be really strong for eur/usd.
                      Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky.

                      Comment

                      • DutchTeenCash
                        I like Dutch Girls
                        • Feb 2003
                        • 21684

                        #12
                        yeah it sucks oh well

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                        bob AT dutchteencash DOT com
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                        Comment

                        • Snake Doctor
                          I'm Lenny2 Bitch
                          • Mar 2001
                          • 13449

                          #13
                          A weak dollar isn't necessarily bad for the U.S. economy.

                          It's bad for some sectors but good for others.

                          For those of you who live in other countries and get paid in U.S. dollars, it sucks for you but you also had quite a long run where the dollar was very strong against your currency....these things are cyclical.
                          sig too big

                          Comment

                          • Jensen
                            Confirmed User
                            • Apr 2001
                            • 3790

                            #14
                            same shit here.. not very cool :/

                            Comment

                            • Cash
                              Click on my TCG signature
                              • Feb 2002
                              • 20825

                              #15
                              Actually, now it's up against the Euro
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                              • notabook
                                Confirmed User
                                • Apr 2006
                                • 9748

                                #16
                                I'm telling you people we have to switch our currency to Real Doll parts. Real Dolls keep their value high year after year, unlike the fucking USD. Some people invest in gold. I invest in real dolls.

                                Comment

                                • Pornwolf
                                  Drunk and Unruly
                                  • Jan 2002
                                  • 22712

                                  #17
                                  I feel bad for you Canadian friends.
                                  I've trusted my sites to them for over a decade...

                                  Webair, bitches.

                                  Comment

                                  • Lutz Meyerding
                                    So Fucking Banned
                                    • Jun 2006
                                    • 103

                                    #18
                                    i'm an ex-banker and my advise is that the dollar will go more down than it is now

                                    u shuld earn money in euros

                                    i earn a lot of my income in euros

                                    check out my investment opp and earn some $$ in euros too

                                    Comment

                                    • everestcash
                                      Confirmed User
                                      • Apr 2002
                                      • 2194

                                      #19
                                      yeah it sucks

                                      Comment

                                      • marky9378
                                        Confirmed User
                                        • Jun 2006
                                        • 205

                                        #20
                                        all money sucks no one can not seam to get enough of it
                                        Professional Website Design

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                                        • kanalj
                                          Confirmed User
                                          • Jan 2006
                                          • 639

                                          #21
                                          Just wait until Iran switches from $ to hahaha8364; as it's main currency for selling oil... we need more hahaha8364; sponsors.

                                          I made that back in the days!

                                          Comment

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

                                            #22
                                            It hurts each time I head to the bank


                                            [email protected]

                                            Comment

                                            • Dennis69
                                              Confirmed User
                                              • Feb 2003
                                              • 1685

                                              #23
                                              Yeah it really sucks... breaks my heart each time I go to the bank
                                              HaHaHa

                                              Comment

                                              • Tdog
                                                Confirmed User
                                                • May 2006
                                                • 2707

                                                #24
                                                Gold and Silver will always protect yourself from the devaluing of the currency by printing to much paper.

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                                                Comment

                                                • Nicky
                                                  Too lazy to set a custom title
                                                  • Mar 2003
                                                  • 30071

                                                  #25
                                                  I hate it

                                                  gfynicky @ gmail.com

                                                  Comment

                                                  • Snake Doctor
                                                    I'm Lenny2 Bitch
                                                    • Mar 2001
                                                    • 13449

                                                    #26
                                                    Originally posted by Coatsy
                                                    It started to go down the toilet as soon as the euro was introduced as a currency
                                                    That's total bullshit.

                                                    When the euro was first introduced it was priced at $1.17....today it's at 1.26....only marginally higher.
                                                    And it dropped from that 1.17 for awhile and has had some fluctuations of it's own.
                                                    sig too big

                                                    Comment

                                                    • Snake Doctor
                                                      I'm Lenny2 Bitch
                                                      • Mar 2001
                                                      • 13449

                                                      #27
                                                      Originally posted by Tdog
                                                      Gold and Silver will always protect yourself from the devaluing of the currency by printing to much paper.
                                                      That's right if you'd have bought gold in 1980 for $850 an ounce today that gold would be worth less than $600 an ounce.
                                                      What an awesome return for a 26 year investment!!!!

                                                      (Also adjusted for inflation...the price in 1980 was over $2000 an ounce in today's dollars)

                                                      Get off the bandwagons and do some research people.
                                                      sig too big

                                                      Comment

                                                      • Paul
                                                        Confirmed User
                                                        • Nov 2002
                                                        • 2637

                                                        #28
                                                        Originally posted by Lenny2
                                                        That's total bullshit.

                                                        When the euro was first introduced it was priced at $1.17....today it's at 1.26....only marginally higher.
                                                        And it dropped from that 1.17 for awhile and has had some fluctuations of it's own.
                                                        Its not total bullshit, as soon as the euro was formed it became a threat to the dollars supremacy as the only currency for trading oil. Why do you think so many european countries movied over to the euro, there had to be a huge financial incentive to do so

                                                        Comment

                                                        • Mr. Romance
                                                          The Face of Romance and the Symbol of Freedom
                                                          • Mar 2005
                                                          • 7821

                                                          #29
                                                          seems that way...


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                                                          • Snake Doctor
                                                            I'm Lenny2 Bitch
                                                            • Mar 2001
                                                            • 13449

                                                            #30
                                                            Originally posted by Coatsy
                                                            Its not total bullshit, as soon as the euro was formed it became a threat to the dollars supremacy as the only currency for trading oil. Why do you think so many european countries movied over to the euro, there had to be a huge financial incentive to do so
                                                            Gee I dunno, maybe they moved to the Euro because the whole fucking point of the Euro was to make it easier for EU nations to trade amongst themselves.

                                                            And it is total bullshit, your statement that the dollar has been falling since the introduction of the euro. All it takes is a simple line graph to prove that you're full of shit.

                                                            Also, as far as oil is concerned, the idiots in Iran are the ONLY people who have ever publicly mentioned trading oil for euros, and that's only because they hate the U.S., it has nothing to do with the dollar's value relative to other currencies
                                                            sig too big

                                                            Comment

                                                            • gecko
                                                              ******
                                                              • Jun 2002
                                                              • 21846

                                                              #31
                                                              Sigh........
                                                              [email protected]

                                                              Comment

                                                              • Paul
                                                                Confirmed User
                                                                • Nov 2002
                                                                • 2637

                                                                #32
                                                                Originally posted by Lenny2
                                                                Gee I dunno, maybe they moved to the Euro because the whole fucking point of the Euro was to make it easier for EU nations to trade amongst themselves.

                                                                And it is total bullshit, your statement that the dollar has been falling since the introduction of the euro. All it takes is a simple line graph to prove that you're full of shit.

                                                                Also, as far as oil is concerned, the idiots in Iran are the ONLY people who have ever publicly mentioned trading oil for euros, and that's only because they hate the U.S., it has nothing to do with the dollar's value relative to other currencies
                                                                Go post the graph and prove me wrong, becoming a rival to the dollar for oil trading is much more of a financial incentive than the bullshit "easier for EU nations to trade amongst themselves" crap that was made public.

                                                                Comment

                                                                • Paul
                                                                  Confirmed User
                                                                  • Nov 2002
                                                                  • 2637

                                                                  #33
                                                                  I'll be back in 45min, France Vs South Korea is starting. If I'm wrong with what I'm saying I'll apologize and I'll be better informed because of it when you prove me wrong. Why are you posted filled with so much anger ?

                                                                  Comment

                                                                  • Barefootsies
                                                                    Choice is an Illusion
                                                                    • Feb 2005
                                                                    • 42635

                                                                    #34
                                                                    Originally posted by Coatsy
                                                                    Go post the graph and prove me wrong, becoming a rival to the dollar for oil trading is much more of a financial incentive than the bullshit "easier for EU nations to trade amongst themselves" crap that was made public.

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                                                                    • scottybuzz
                                                                      Too lazy to set a custom title
                                                                      • May 2006
                                                                      • 14799

                                                                      #35
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                                                                      • Snake Doctor
                                                                        I'm Lenny2 Bitch
                                                                        • Mar 2001
                                                                        • 13449

                                                                        #36
                                                                        Originally posted by Coatsy
                                                                        It started to go down the toilet as soon as the euro was introduced as a currency
                                                                        Hey genius, I don't even need a graph, it's this fucking simple.

                                                                        I'll try to type S-L-O-W-L-Y so you can keep up.

                                                                        The Euro was introduced at $1.17 usd.

                                                                        Today, several years later it's worth $1.26

                                                                        9 cents in over 4 years....WOW the Euro really kicked the dollar's ass huh?
                                                                        If you call that the dollar going into the toilet then you have a very fucked up definition of a currency going down the toilet.

                                                                        And even IF the dollar is sliding, that can be a very good thing for the U.S. economy considering our trade imbalance and dependance on foreign oil.
                                                                        sig too big

                                                                        Comment

                                                                        • Relish XXX
                                                                          Confirmed User
                                                                          • Dec 2004
                                                                          • 4904

                                                                          #37
                                                                          Geo target the join page. Americans wont pay in Euros as it is unpatriotic. Just have it so that when someone goes to join if they are from American bill them in the shitty dollar and anywhere else in the world in Euros. Personally I add on 25% to bill in dollars.

                                                                          Comment

                                                                          • Paul
                                                                            Confirmed User
                                                                            • Nov 2002
                                                                            • 2637

                                                                            #38
                                                                            Originally posted by Lenny2
                                                                            Hey genius, I don't even need a graph, it's this fucking simple.

                                                                            I'll try to type S-L-O-W-L-Y so you can keep up.

                                                                            The Euro was introduced at $1.17 usd.

                                                                            Today, several years later it's worth $1.26

                                                                            9 cents in over 4 years....WOW the Euro really kicked the dollar's ass huh?
                                                                            If you call that the dollar going into the toilet then you have a very fucked up definition of a currency going down the toilet.

                                                                            And even IF the dollar is sliding, that can be a very good thing for the U.S. economy considering our trade imbalance and dependance on foreign oil.
                                                                            Your not even close to understanding what I'm saying sadly

                                                                            Unfortunetly I do not have a graph to prove my point so I'm just gonna have to post facts instead

                                                                            The dollars value since 2001

                                                                            http://www.x-rates.com/d/GBP/USD/hist2001.html

                                                                            Jan 2001 $1 = 0.676896 GBP

                                                                            http://www.x-rates.com/d/GBP/USD/hist2006.html

                                                                            Jan 2006 $1 = 0.566481 GBP

                                                                            2001 - Canadian Dollars to 1 USD

                                                                            http://www.x-rates.com/d/CAD/USD/hist2001.html

                                                                            Jan 2001 $1 = 1.5032 CAD

                                                                            http://www.x-rates.com/d/CAD/USD/hist2006.html

                                                                            Jan 2001 $1 = 1.15788 CAD

                                                                            Yes your right, the dollars worth more now than it was in 2001 NOT

                                                                            Originally posted by Lenny2
                                                                            And even IF the dollar is sliding, that can be a very good thing for the U.S. economy considering our trade imbalance and dependance on foreign oil.
                                                                            It ONLY remains a good thing as long as oil is ONLY sold in dollars, if oil starts to be sold in euros on a big enought scale your economy is completely FUCKED !

                                                                            Back in 45 mins after the second half !

                                                                            Comment

                                                                            • KRL
                                                                              Entrepreneur
                                                                              • Oct 2002
                                                                              • 31429

                                                                              #39
                                                                              Bush's fiscal policy maxed out the RAM on the printing presses. LOL

                                                                              I think in the last 5 years he's increased the money supply now to over $10 TRILLION. That's Trillion with a T.

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                                                                              • Zester
                                                                                Confirmed User
                                                                                • Jul 2003
                                                                                • 5344

                                                                                #40
                                                                                spam me with sponsors paying in any other currency other than USD
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                                                                                • Snake Doctor
                                                                                  I'm Lenny2 Bitch
                                                                                  • Mar 2001
                                                                                  • 13449

                                                                                  #41
                                                                                  Originally posted by Coatsy
                                                                                  Your not even close to understanding what I'm saying sadly

                                                                                  Unfortunetly I do not have a graph to prove my point so I'm just gonna have to post facts instead

                                                                                  The dollars value since 2001

                                                                                  http://www.x-rates.com/d/GBP/USD/hist2001.html

                                                                                  Jan 2001 $1 = 0.676896 GBP

                                                                                  http://www.x-rates.com/d/GBP/USD/hist2006.html

                                                                                  Jan 2006 $1 = 0.566481 GBP

                                                                                  2001 - Canadian Dollars to 1 USD

                                                                                  http://www.x-rates.com/d/CAD/USD/hist2001.html

                                                                                  Jan 2001 $1 = 1.5032 CAD

                                                                                  http://www.x-rates.com/d/CAD/USD/hist2006.html

                                                                                  Jan 2001 $1 = 1.15788 CAD
                                                                                  Gee that's funny, you talk about how the dollar went to shit when the euro was introduced, and then you post the dollars value versus pounds and canadian dollars to prove your point

                                                                                  Originally posted by Coatsy

                                                                                  Yes your right, the dollars worth more now than it was in 2001 NOT
                                                                                  I never implied that the dollar is stronger today than it was in 2001, I simply pointed out that the dollar's value has nothing to do with the introduction of the euro numbnuts.



                                                                                  Originally posted by Coatsy
                                                                                  It ONLY remains a good thing as long as oil is ONLY sold in dollars, if oil starts to be sold in euros on a big enought scale your economy is completely FUCKED !
                                                                                  Yeah as long as oil is only sold in dollars it's not a problem. And as long as my grandmother doesn't grow nuts she won't be my grandfather.
                                                                                  The odds of either thing happening are about the same.

                                                                                  Why on earth would the oil producers of the world intentionally try to fuck up the economy of their biggest customer? That would be like the Chinese government nuking Wal-Mart headquarters.
                                                                                  It's not gonna happen.
                                                                                  sig too big

                                                                                  Comment

                                                                                  • czarina
                                                                                    Webmaster Extraordinaire
                                                                                    • Jul 2002
                                                                                    • 10752

                                                                                    #42
                                                                                    I went up, way up in Mexico. It was at about 10.50 a month or so ago, and it went up to about 11.50 pretty fast. Now, it started dwindling again
                                                                                    It's at about 11.30 or so (I think, haven't checked this weekend).

                                                                                    Comment

                                                                                    • Snake Doctor
                                                                                      I'm Lenny2 Bitch
                                                                                      • Mar 2001
                                                                                      • 13449

                                                                                      #43
                                                                                      Originally posted by KRL
                                                                                      Bush's fiscal policy maxed out the RAM on the printing presses. LOL

                                                                                      I think in the last 5 years he's increased the money supply now to over $10 TRILLION. That's Trillion with a T.

                                                                                      Yeah you're right about that. It's so bad that they changed the reporting rules and they won't tell us how much currency is in circulation anymore.

                                                                                      However, for decades the U.S. has been the world's biggest customer, buying up everyone else's exports while other countries barely bought any of ours.

                                                                                      Now with the dollar weakening that's changing, and it's more expensive for the U.S. consumer to buy imports and it's cheaper for foreigners to buy U.S. products.
                                                                                      What I find hilarious is all of the foreigners who somehow think this means there's something wrong with OUR economy, when they're the ones getting the shaft on the deal.

                                                                                      A strong dollar is good for some things, but a weak dollar means our exports will rise and our national debt will be cheaper relatively speaking.
                                                                                      It won't hurt the U.S. consumer unless there's high inflation at home, which isn't happening right now.
                                                                                      So to all the people who don't like it.
                                                                                      sig too big

                                                                                      Comment

                                                                                      • Paul
                                                                                        Confirmed User
                                                                                        • Nov 2002
                                                                                        • 2637

                                                                                        #44
                                                                                        Originally posted by Lenny2
                                                                                        Yeah as long as oil is only sold in dollars it's not a problem. And as long as my grandmother doesn't grow nuts she won't be my grandfather.
                                                                                        The odds of either thing happening are about the same.

                                                                                        Why on earth would the oil producers of the world intentionally try to fuck up the economy of their biggest customer? That would be like the Chinese government nuking Wal-Mart headquarters.
                                                                                        It's not gonna happen.
                                                                                        I guess we'll have to see how this situation with Iran plays out, I fail to see how America can prevent Iran from creating their iranian oil bourse trading oil in euros though.

                                                                                        Whos gonna back America on that one apart from Britain

                                                                                        Btw I think your attitude stinks, no need to be such an asshole.

                                                                                        Comment

                                                                                        • Paul
                                                                                          Confirmed User
                                                                                          • Nov 2002
                                                                                          • 2637

                                                                                          #45
                                                                                          All i was ever trying to do in this thread was explain why the dollar started to be worth less money to us non americans and you start giving me shit.

                                                                                          I guess like most Americans you took what I was saying as American bashing

                                                                                          This wasn't the case

                                                                                          Comment

                                                                                          • Snake Doctor
                                                                                            I'm Lenny2 Bitch
                                                                                            • Mar 2001
                                                                                            • 13449

                                                                                            #46
                                                                                            Originally posted by Coatsy
                                                                                            I guess we'll have to see how this situation with Iran plays out, I fail to see how America can prevent Iran from creating their iranian oil bourse trading oil in euros though.

                                                                                            Whos gonna back America on that one apart from Britain

                                                                                            Btw I think your attitude stinks, no need to be such an asshole.
                                                                                            Iran only controls about 2% of the world's oil supply, so any impact from them switching to euros would be negligible.

                                                                                            As for your other remarks, you were trying to say that the reason the dollar has been falling is because of the introduction of the euro, which is a preposterous statement. I just called you on your idiocy.

                                                                                            The fall of the dollar has nothing to do with the euro, it has to do with our trade imbalance and our budget deficit. Neither of those things has anything to do with the euro or your delusions about oil being traded for in another currency.
                                                                                            sig too big

                                                                                            Comment

                                                                                            • Paul
                                                                                              Confirmed User
                                                                                              • Nov 2002
                                                                                              • 2637

                                                                                              #47
                                                                                              Originally posted by Lenny2
                                                                                              Iran only controls about 2% of the world's oil supply, so any impact from them switching to euros would be negligible.
                                                                                              I'm pretty sure its much much higher than that

                                                                                              http://www.mapsofworld.com/world-top...tries-map.html

                                                                                              Its at the very least in the top 10 according to quite a few sources I've looked at

                                                                                              Originally posted by Lenny2
                                                                                              As for your other remarks, you were trying to say that the reason the dollar has been falling is because of the introduction of the euro, which is a preposterous statement. I just called you on your idiocy.

                                                                                              The fall of the dollar has nothing to do with the euro, it has to do with our trade imbalance and our budget deficit. Neither of those things has anything to do with the euro or your delusions about oil being traded for in another currency.
                                                                                              Would you mind explaining this a little more ? Give me a better understanding by educating me instead of calling me an idiot, even a link

                                                                                              Comment

                                                                                              • Snake Doctor
                                                                                                I'm Lenny2 Bitch
                                                                                                • Mar 2001
                                                                                                • 13449

                                                                                                #48
                                                                                                Originally posted by Coatsy
                                                                                                I'm pretty sure its much much higher than that

                                                                                                http://www.mapsofworld.com/world-top...tries-map.html

                                                                                                Its at the very least in the top 10 according to quite a few sources I've looked at
                                                                                                Iran exports a little over 2 million barrels a day, which is about 2% of worldwide consumption.
                                                                                                sig too big

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                                                                                                • Rui
                                                                                                  web
                                                                                                  • Dec 2001
                                                                                                  • 9533

                                                                                                  #49
                                                                                                  It does suck pretty bad...

                                                                                                  100 euros equals around 126 usd

                                                                                                  I've stopped counting the money I loose everytime I get USD and trading for euros...

                                                                                                  Comment

                                                                                                  • woj
                                                                                                    <&(©¿©)&>
                                                                                                    • Jul 2002
                                                                                                    • 47882

                                                                                                    #50
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