To sell to whom and at what price?
I think you may be missing the overall effect of a devalued currency.
Will a devalued currency make domestic goods cheaper than foreign? Absolutely.
Will anyone domestically be able to afford those goods? Most likely not.
Phrases like "feeling the pinch" and "minding your money" will become incapable of describing the transition for a normal, tax-paying American.
If our currency is devalued, oil becomes more expensive...by an astronomical amount, pricing everyday citizens right out of the market. How do you get to work? How do you sell your current house to move closer to work in an economy where no one can even buy? Even worse, youre already close to work but your company fails or dismisses you? What then? Back to square one.
A devalued currency certainly makes our exports cheaper, but kindly ask who is going to buy them? We are one of the few open markets in the world, most governments have tariffs and protectionist policies that "level the playing field" with their own domestic goods.
No easy answers to any of this, really. Two that I see: isolationism, which is the way I always thought it should be, and the one I most loathe, single currency.
Yes, your points have merit for the cost of oil. However, it would probably prompt us to drill more oil. The extra supply might keep the prices in check, and even make oil cheaper for other nations. That said, it might reduce funding to terrorists from nations like Iran, as their selling price drops with the extra supply.
That's very wishful thinking, WC.
Considering that blacks are far more represented in jail vs their representation in the general population, there's a chance you're right. Of course, it must just be because they're liberal. I'm sure lower wealth, race, or any other factors play in.
There are more white people in jail than blacks. Does that mean a white person is more likely to cause a crime WC?
Inflation is inflation. If there is too much currency in circulation, its worth squat. All day every day. Exchange rates wont help you buy a loaf of bread at the supermarket for reasonable price after devaluation has trashed the currency.
WC is not the brightest bulb in the pack.
more like lack of thinking...
It doesn't take much of a supply change to make a large price change.
Don't ask me to quantify it. I do think it can keep the impact from being damaging.
Ha ha.
Why pose such a silly question?
Look, I've seen the data in the far past. I haven't a clue where to find it. i will assume it boils down to more people who depend on government end up being liberal minded than conservative. This same class, regardless of color, commit more crimes. If you wish to interject race, which i wasn't implying, I think that boils down the same way. there are simply more black living lower standards, and being and voting liberal.
It comes down to culture and wealth. Not race.
because bread will come rushing in from Mexico?
Neither are you.
WC, sometimes I think you can't possibly believe some of the stuff you post and just take your positions to be a contrarian to the forum libs. Either way, your positions on the economy are terribly myopic and overly simplistic.
You more resemble than differ from him in that respect.
I never claimed to have all the answers. I simply know some causes and effects. Agreed that the overall points I make may have bad aspects I don't foresee. However, I understand the real sciences pretty good.
Oh...
Sometimes I do take the extreme point, to make a point.
It ALL boils down to economics, WC. If you never learned a single thing, learn this: A man with nothing to lose will do anything he damn well pleases.
I have a distant family member who is a three-time ex-con, a white supremicist, and who hates Obama as much as you.
Are all white supremacists conservative? The one I know is rather liberal.
At times, you'll see me with my pants down, no doubt.
But regardless: WH, Did you take anything from the assassination timeline?
I thought you posted that as a joke.
He would give his left nut for a white president right now. And since Dems are the party whose policies lean towards minorities, they are the scourge of the Earth to him.
Yes. Correlation does not equal causation.
What did you take from it?
It was a summary of the film. The guy tied the civil war and the various assissination attempts to the strife over currency control . He also references the European influence over the American Bankers Assoc, even back then. According to him, the Europeans had been trying to get in on our currency since the Dec of Independ.
It gave me a knew respect for history, I guess you could say.
I dont know one way or the other, but I do know that if the film's premise is true, then this timeline is incredibly important for citizens to know.
The film contends that every time people forgot about the downfalls of central banking, they would leave their guard down and allow it back in.
Did you get the bit about media control by the ABA in the late 1800's?
This is all about MONEY.
Stop arguing lilberal conservative, dem vs repub garbage.
The real problems in this world all arise due to GREED FOR MONEY.
1) There is absolutely nothing wrong with making money. Making money is a good thing.
2) However, GREED is a bad thing. Devoid of ethics and gluttonous.
Wars, all of the problems, are rooted in powerful people and corporations who just want to make more and more $$$.
Get focused on the right issues. These powerful en ies don't care if you're black or white, dem or repub, they don't give a . They don't care if you're Axis or Allied, they will fund both sides of the war, fund both political parties in USA, etc...
No. What about it?
Does anyone here know how boom/bust cycles can be manipulated to extract wealth from a nation? Anybody bother to look up Fractional Reserve Lending? Anybody figure out whether the Federal Reserve is actually a Federal Agency?
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
Reply With Quote