Author Topic: Are any of the Americans here even slightly worried about the Dollar?  (Read 1787 times)

Deicide

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I am curious...since Coach, Moosejay and company think there are no problems whatsoever....
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Zaphod

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I liked it better when they were all green.  >:(

Moosejay

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No.

Worrying does not help.

Are you a woman, man?

Should we evacuate you with the ladies and kids first from the sinking ship?

Harden the fuck up.

Liberals=worry and are pessimistic

Repubs=Doers, builders, get things done

MJ approved

Deicide

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No.

Worrying does not help.

Are you a woman, man?

Should we evacuate you with the ladies and kids first from the sinking ship?

Harden the fuck up.

Liberals=worry and are pessimistic

Repubs=Doers, builders, get things done

MJ approved

I guess Ron Paul is a Liberal then? ::) ::) ::)
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Zaphod

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I guess Ron Paul is a Liberal then? ::) ::) ::)

Ron Paul is reptilian.

HTH

240 is Back

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Repubs=Doers, builders, get things done

They build $5 trillion of debt in the last 8 years.  Bravo.

irresponsible spending might not mean a lot to you.  You seem to applaud it.

Camel Jockey

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No.

Worrying does not help.

Are you a woman, man?

Should we evacuate you with the ladies and kids first from the sinking ship?

Harden the fuck up.

Liberals=worry and are pessimistic

Repubs=Doers, builders, get things done

MJ approved

Liberal leaning states contribute much more to this country than the shitty bible belt

Eyeball Chambers

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Liberal leaning states contribute much more to this country than the shitty bible belt

I'm on the boarder...

We make lots of steel.  8)
S

Deicide

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Republicans are religious scum; lying sacks of shit; Democrats are not much better.
I hate the State.

warrior_code

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what was the reason for abolishing the gold standard again?

Deicide

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Re: Are any of the Americans here even slightly worried about the Dollar?
« Reply #10 on: July 24, 2008, 05:17:08 PM »
what was the reason for abolishing the gold standard again?

We couldn't afford the Vietnam War anymore because Breton Woods put limitations on spending...you couldn't print to your heart's content. So Nixon got rid of it...
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GigantorX

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Re: Are any of the Americans here even slightly worried about the Dollar?
« Reply #11 on: July 24, 2008, 05:40:48 PM »
They build $5 trillion of debt in the last 8 years.  Bravo.

irresponsible spending might not mean a lot to you.  You seem to applaud it.

True, but I honestly think that any Congress would have built that debt, maybe not as much but close. The "untouchable" spending that never can be cut or reformed for political reasons (Clinton and Gingrich, a very could but unlikely duo, came the closest) is our welfare state spending. Social Sec. Medicar and Medicaid. 2/3 of our budget right now. It was only half or something in the 90's. That is the biggest part of our budget, and it grows leaps and bounds every budget cycle.

So what I'm saying is that our deficit will grow because of the huge pig that is our Welfare State programs. They need tons of cash and they need more every day. Until that is reformed, we will most likely have to declare insolvency and reissue our currency within our lifetime, I'm 26 so probably 2040 when all the welfare programs trusts are run dry.

So even if you cut the pork, overlapping programs, govt employees, graft/corrupting...hell cut the military as well and it is a drop in the bucket.

240 is Back

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Re: Are any of the Americans here even slightly worried about the Dollar?
« Reply #12 on: July 24, 2008, 05:54:20 PM »
True, but I honestly think that any Congress would have built that debt, maybe not as much but close. The "untouchable" spending that never can be cut or reformed for political reasons (Clinton and Gingrich, a very could but unlikely duo, came the closest) is our welfare state spending. Social Sec. Medicar and Medicaid. 2/3 of our budget right now. It was only half or something in the 90's. That is the biggest part of our budget, and it grows leaps and bounds every budget cycle.

So what I'm saying is that our deficit will grow because of the huge pig that is our Welfare State programs. They need tons of cash and they need more every day. Until that is reformed, we will most likely have to declare insolvency and reissue our currency within our lifetime, I'm 26 so probably 2040 when all the welfare programs trusts are run dry.

So even if you cut the pork, overlapping programs, govt employees, graft/corrupting...hell cut the military as well and it is a drop in the bucket.

From 1913 to 2000, the US borrowed a total of 4.5 trillion bucks.

From 2000 to 2007, the US borrowed in exceoos of 4.5 additional trillion bucks

They doubled the nat'l debt of 87 years, in 7 years.

~weed~

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Re: Are any of the Americans here even slightly worried about the Dollar?
« Reply #13 on: July 24, 2008, 06:57:47 PM »


The dollar has "In God We Trust" on it, so no I am not worried.



   hi Stella & Lord Fatty   ;)

Lord Humungous

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Re: Are any of the Americans here even slightly worried about the Dollar?
« Reply #14 on: July 24, 2008, 07:08:48 PM »

The dollar has "In God We Trust" on it, so no I am not worried.



   hi Stella & Lord Fatty   ;)


HAHAH whats even funnier is that trusting in God is more return on investment than trying to cash in your green backs for gold
X

Deicide

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Re: Are any of the Americans here even slightly worried about the Dollar?
« Reply #15 on: July 24, 2008, 07:57:44 PM »
HAHAH whats even funnier is that trusting in God is more return on investment than trying to cash in your green backs for gold

Good one... ;D
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Butterbean

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Re: Are any of the Americans here even slightly worried about the Dollar?
« Reply #16 on: July 25, 2008, 06:06:39 AM »

The dollar has "In God We Trust" on it, so no I am not worried.



   hi Stella & Lord Fatty   ;)

haha!  I hear 2 Whoppers for $5!!

HAHAH whats even funnier is that trusting in God is more return on investment than trying to cash in your green backs for gold
:)
R

24KT

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Re: Are any of the Americans here even slightly worried about the Dollar?
« Reply #17 on: July 25, 2008, 02:06:22 PM »
I don't think most Americans have a sense of how drastically their currency has dropped.
How can they? For the most part, they just deal with dollars... it's all they know.
Those who regularly deal in other currencies as well are far more acutely aware of it's depreciation
w

wavelength

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Re: Are any of the Americans here even slightly worried about the Dollar?
« Reply #18 on: July 25, 2008, 11:20:34 PM »
At that rate, I'll be a $ millonaire soon.  ;D
When should I start buying real estate in the US?

Deicide

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Re: Are any of the Americans here even slightly worried about the Dollar?
« Reply #19 on: July 26, 2008, 08:53:02 AM »
I don't think most Americans have a sense of how drastically their currency has dropped.
How can they? For the most part, they just deal with dollars... it's all they know.
Those who regularly deal in other currencies as well are far more acutely aware of it's depreciation

I am...
I hate the State.