Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [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 11-02-2016, 12:12 PM
 
26,194 posts, read 21,605,372 times
Reputation: 22772

Advertisements

Quote:
Originally Posted by C2BP View Post
So you are attacking me here and accusing of spreading untruth without presenting the facts. Are you telling us that QE or ZIRP were not designed to devaluate the dollar? Would the stock market or real estate prices be at these levels today without devaluating the dollar and lowering rates to zero, keeping rates at zero for 8 years?
You aren't being attacked unless being called out for unsubstantiated claims means you are being attacked.You made a claim with zero to back it up. It is untrue that the dollar has been devastated. The US dollar Index is at a level it hasn't seen since 2003. Strange the Eur is at a point be the dollar that it hasn't seen since 2003 as well. I wonder why these directly contradict your claim? The us stock market and real estate prices are where they are because of the strength of the US economy vs the world. Again don't let facts get in your way
Reply With Quote Quick reply to this message

 
Old 11-02-2016, 12:12 PM
 
18,810 posts, read 8,481,648 times
Reputation: 4131
Quote:
Originally Posted by C2BP View Post
So you are attacking me here and accusing of spreading untruth without presenting the facts. Are you telling us that QE or ZIRP were not designed to devaluate the dollar? Would the stock market or real estate prices be at these levels today without devaluating the dollar and lowering rates to zero, keeping rates at zero for 8 years?
They are designed to raise inflation, designed to increase borrowing, designed to increase business expansion and productivity. But they have been at best weak stimulants.

Lower Treasury interest rates tend to devalue the USD. But we have the best of both worlds. Low rates and yet plenty of worldly demands.

The markets fly high with low rates, as the returns of other investments pale. Not so much from a devalued USD. In fact a weak USD works in favor of all our export business.
Reply With Quote Quick reply to this message
 
Old 11-02-2016, 12:19 PM
 
78,448 posts, read 60,652,129 times
Reputation: 49756
Quote:
Originally Posted by C2BP View Post
The Fed has been KILLING US Dollar for years and years.
So why isn't this showing up in exchange rates?
Reply With Quote Quick reply to this message
 
Old 11-02-2016, 12:40 PM
 
18,810 posts, read 8,481,648 times
Reputation: 4131
Quote:
Originally Posted by Mathguy View Post
So why isn't this showing up in exchange rates?
Policy does encourage inflation.

US Daily Index
Reply With Quote Quick reply to this message
 
Old 11-02-2016, 03:29 PM
 
Location: Independent Republic of Ballard
8,072 posts, read 8,376,647 times
Reputation: 6238
Quote:
Originally Posted by Lowexpectations View Post
This is simply untrue but that never stopped you from spreading untruths before
Yeah, if the Treasury prints 10% more currency, but foreign demand for dollars increases even more than that, the result will be that prices will stay flat or deflate, except in areas, such as real estate, where foreign investment is spiking up values. Right now, there is a flight from the Euro, Pound, and Yuan to the Dollar. If the U.S. also goes into recession, however...
Reply With Quote Quick reply to this message
 
Old 11-02-2016, 07:44 PM
 
1,766 posts, read 1,224,796 times
Reputation: 2904
Quote:
Originally Posted by Lowexpectations View Post
You aren't being attacked unless being called out for unsubstantiated claims means you are being attacked.You made a claim with zero to back it up. It is untrue that the dollar has been devastated. The US dollar Index is at a level it hasn't seen since 2003. Strange the Eur is at a point be the dollar that it hasn't seen since 2003 as well. I wonder why these directly contradict your claim? The us stock market and real estate prices are where they are because of the strength of the US economy vs the world. Again don't let facts get in your way

Lowexpectations, the FED crucified the Dollar with QE and ZIRP in order to support global inflation (debt bubbles). The only thing between where we are now and global deflation is the Dollar; keep it weak if you want asset inflation; keep it strong if you want deflation.

And where do you see strength in US economy????????? Clearly the Fed is not seeing economic strength for the last two years otherwise they would raise interest rates more then lousy 0.25% since 2008. Where do you see american companies growing their earnings???????

Our economy has been dead since 2001................dead and on life support. The fake inflation supplied by QE and ZIRP was and is a stalling tactic that has gone on much too long. Fake inflation is furthered by a weak Dollar. A strong Dollar will become toxic to fake housing prices, to fake stock prices, to fake commodity bubbles. Of course, ZIRP and QE are free money given to the richest people in the world, the richest corporations in the world, to buy their own stock and force prices higher even when the underlying businesses are weakening.
ZIRP is a massive cover-up for Wall Street to try to keep the floor from caving in, and to try to keep the public in ignorance of what is really happening; ZIRP and QE are a stealing of future earnings from American taxpayers in order to cushion the blow to our comfort today. ZIRP and QE make the richest people in the world even richer. ZIRP and QE keep the US Dollar weak, keep it from doing its job as the guardian of sane monetary policy. This is the key linchpin to this plan: the Dollar needs to remain weak so the Big Lie of Perpetual Growth can continue to trick and betray the world populace.
Reply With Quote Quick reply to this message
 
Old 11-02-2016, 07:51 PM
 
1,766 posts, read 1,224,796 times
Reputation: 2904
Quote:
Originally Posted by Mathguy View Post
So why isn't this showing up in exchange rates?
Ever heard about "currency wars" and "race to the bottom"? The only reason dollar is appearing stronger then some other currencies is because those countries are devaluating their own currency even more. After all the Fed has been talking about raising rates for so many years now while all other countries have been devaluating their currencies.
Reply With Quote Quick reply to this message
 
Old 11-02-2016, 08:44 PM
 
26,194 posts, read 21,605,372 times
Reputation: 22772
Quote:
Originally Posted by C2BP View Post
Lowexpectations, the FED crucified the Dollar with QE and ZIRP in order to support global inflation (debt bubbles). The only thing between where we are now and global deflation is the Dollar; keep it weak if you want asset inflation; keep it strong if you want deflation.

And where do you see strength in US economy????????? Clearly the Fed is not seeing economic strength for the last two years otherwise they would raise interest rates more then lousy 0.25% since 2008. Where do you see american companies growing their earnings???????

Our economy has been dead since 2001................dead and on life support. The fake inflation supplied by QE and ZIRP was and is a stalling tactic that has gone on much too long. Fake inflation is furthered by a weak Dollar. A strong Dollar will become toxic to fake housing prices, to fake stock prices, to fake commodity bubbles. Of course, ZIRP and QE are free money given to the richest people in the world, the richest corporations in the world, to buy their own stock and force prices higher even when the underlying businesses are weakening.
ZIRP is a massive cover-up for Wall Street to try to keep the floor from caving in, and to try to keep the public in ignorance of what is really happening; ZIRP and QE are a stealing of future earnings from American taxpayers in order to cushion the blow to our comfort today. ZIRP and QE make the richest people in the world even richer. ZIRP and QE keep the US Dollar weak, keep it from doing its job as the guardian of sane monetary policy. This is the key linchpin to this plan: the Dollar needs to remain weak so the Big Lie of Perpetual Growth can continue to trick and betray the world populace.

No they didn't. You can't support your statements and the global currency pairs contradict what you are saying with 100% accuracy
Reply With Quote Quick reply to this message
 
Old 11-02-2016, 09:21 PM
 
1,766 posts, read 1,224,796 times
Reputation: 2904
Quote:
Originally Posted by Lowexpectations View Post
No they didn't. You can't support your statements and the global currency pairs contradict what you are saying with 100% accuracy
How can you deny that Fed has been killing US dollar with ZIRP and QE for all those years. Everyone who understands anything about anything knows this. The basic method the FED uses to inflate global growth is manipulation of the US Dollar. Weakening of the US Dollar, through lower rates, through QE, ZIRP, NIRP, inflates the global debt bubble.

There is no economic recovery Lowexpectations. That is a lie. The economy does not grow when it is dead. And the economy is dead by definition. It died in 2001. It will live again, but not without the Deflation Cycle, which is as vital to the process as is the Business (growth) Cycle.

The FED has two choices:
1) higher rates, stronger Dollar, global deflation;
2) lower rates, NIRP, the death of all currencies, global hyper-inflation, social chaos, civil war, global war, apocalypse; followed by a new world currency system.

Let me guess; you are for option 2, aren't you?
Reply With Quote Quick reply to this message
 
Old 11-02-2016, 10:05 PM
 
Location: Myrtle Creek, Oregon
15,293 posts, read 17,696,491 times
Reputation: 25236
The last big devaluation of the dollar happened when Nixon took us off the gold standard. The result was hyperinflation and the Arab oil embargo. The price of everything doubled and then doubled again. Our current dollar is worth about 10% of what it was worth at the beginning of Nixon's first term in 1967.
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 > Economics
Similar Threads

All times are GMT -6. The time now is 10:09 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - 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, 36, 37 - Top