More Pressure On the Dollar

Discussion in 'Economy' started by Annie, Oct 13, 2009.

  1. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    Dollar Reaches Breaking Point as Banks Shift Reserves (Update3) - Bloomberg.com

     
  2. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,619
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,214
    Moral of the story: buy stocks in companies with big overseas investments.
     
  3. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    Moral of the story?

    Stop sending our industries overseas.
     
  4. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    James Pethokoukis » Blog Archive » The next big political issue? The U.S. dollar | Blogs |

     
  5. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,619
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,214
    How do you propose to do that?
    And keep in mind, the US is a net importer of jobs from overseas, not the other way around.
     
  6. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    81,175
    Thanks Received:
    14,905
    Trophy Points:
    2,210
    Ratings:
    +36,918
    Why are Obama and the Dems trying to kill the Dollar?
     
  7. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    Spending our way to insignificance:

    Obama Dollar Retreats Most Against Commodities in Wealth Shift - Bloomberg.com

     
  8. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,619
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,214
    And recall that exactly this kind of behavior was responsible for triggering the recent recession: low real interest rates led to booms in commodities and real estate which then tanked.
    What is the definition of insanity again?
     
  9. Mike Mitrosky
    Offline

    Mike Mitrosky Member

    Joined:
    Oct 7, 2009
    Messages:
    173
    Thanks Received:
    19
    Trophy Points:
    16
    Ratings:
    +19
    And who can we thank for those low interest rates? Why the federal reserve. Just another reason to get rid of the fed.
     
  10. Big Black Dog
    Offline

    Big Black Dog Gold Member Supporting Member

    Joined:
    May 20, 2009
    Messages:
    22,906
    Thanks Received:
    5,107
    Trophy Points:
    260
    Ratings:
    +5,702
    Mrs. BBD puts plenty of pressure on my dollars. No need for any other pressure from other sources.
     

Share This Page