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12-16-2008, 11:41 PM
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3,853 posts, read 11,847,837 times
Reputation: 2521
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Dollar tanking pretty bad. 2009 year of high inflation? or what?
US Dollar Index |
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12-17-2008, 12:51 PM
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Location: Los Angeles Area
3,306 posts, read 3,552,724 times
Reputation: 592
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2009 year of no inflation.
Commodities aren't reacting at all to the recent decline in the Dollar. A weaker dollar will only benefit the US economy in this case....
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12-17-2008, 02:21 PM
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Location: Houston, TX
17,031 posts, read 27,539,223 times
Reputation: 16212
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I'm buying silver...
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12-17-2008, 02:44 PM
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Location: Los Angeles Area
3,306 posts, read 3,552,724 times
Reputation: 592
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I'm buying Pez....lots and lots of Pez.
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12-17-2008, 08:28 PM
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Location: Charlotte, NC
2,193 posts, read 4,613,216 times
Reputation: 1075
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The USD may be the only thing that will rise during all this. It's the world reserve currency still as of now. People still view it as safe. I was worried about the dollar before because I figured people would laught at us with all our issues. But the whole WORLD is going through a decline and they are just doing as badly. I think people will view the USD as the flight to safety.
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12-17-2008, 11:04 PM
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Location: Georgia, on the Florida line, right above Tallahassee
10,474 posts, read 14,152,869 times
Reputation: 6374
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Quote:
Originally Posted by Humanoid
I'm buying Pez....lots and lots of Pez.
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Heheheheeh. I LOL'd. |
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12-18-2008, 02:24 AM
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3,853 posts, read 11,847,837 times
Reputation: 2521
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Quote:
Originally Posted by Humanoid
2009 year of no inflation.
Commodities aren't reacting at all to the recent decline in the Dollar. A weaker dollar will only benefit the US economy in this case....
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takes time buddy. Banks aren't exactly throwing cash out the window in the form of loans yet. |
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12-18-2008, 09:39 AM
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Location: Los Angeles Area
3,306 posts, read 3,552,724 times
Reputation: 592
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Quote:
Originally Posted by killer2021
takes time buddy. Banks aren't exactly throwing cash out the window in the form of loans yet.
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Nor are they going to anytime soon, and if they do start throwing money out the window the FED can easily eat up the monetary base to prevent inflation. |
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12-18-2008, 01:50 PM
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Location: Rockland County New York
2,984 posts, read 5,334,896 times
Reputation: 1295
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Quote:
Originally Posted by Humanoid
I'm buying Pez....lots and lots of Pez.
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I always had trouble depositing pez into the dispenser. Inflation always seemed to eat it up |
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