U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Retirement
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-14-2009, 10:18 AM
 
72,759 posts, read 72,586,872 times
Reputation: 50264

Advertisements

its still the reserve currancy for the world.... its floating is fine.... people get to wrapped up in dollar value and trade deficits... it makes great talks but little difference overall. if the dollar collapses and is worthless my gold position will soar... either way i win. lets face it at one time the world had nothing for us to buy, maybe those little umbrellas from japan for the drinks but pretty much we made it all.


today world class products come from all over the world and so our dollars get converted to local currancies when we buy these products making our currency weaker in relation to others .... so what?


you can argue a weak is inflationary pressure, you can argue higher rates, you can argue lots of things.reality is all things cycle and eventually the sun shines on them again..

but to the chicken littles of the world everything is a pending doom

Last edited by mathjak107; 11-14-2009 at 10:34 AM..
Reply With Quote Quick reply to this message

 
Old 11-14-2009, 10:48 AM
 
1,340 posts, read 2,500,296 times
Reputation: 760
Quote:
Originally Posted by mathjak107 View Post
its still the reserve currancy for the world.... its floating is fine.... people get to wrapped up in dollar value and trade deficits... it makes great talks but little difference overall. if the dollar collapses and is worthless my gold position will soar... either way i win. lets face it at one time the world had nothing for us to buy, maybe those little umbrellas from japan for the drinks but pretty much we made it all.


today world class products come from all over the world and so our dollars get converted to local currancies when we buy these products making our currency weaker in relation to others .... so what?


you can argue a weak is inflationary pressure, you can argue higher rates, you can argue lots of things.reality is all things cycle and eventually the sun shines on them again..

but to the chicken littles of the world everything is a pending doom
True, it only took Rome 1500 years to come back.
Reply With Quote Quick reply to this message
 
Old 11-14-2009, 10:52 AM
 
72,759 posts, read 72,586,872 times
Reputation: 50264
dont forget japan...probley never comeback...in the mean time since japan collapsed 20 years ago im up 1100%.....
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Retirement
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 05:19 PM.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top