Comments on: Dollar faces long journey downward http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: divorce forms http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/#comment-347159 Sun, 01 Mar 2015 23:11:40 +0000 http://blogs.reuters.com/great-debate/?p=5527#comment-347159 This is one awesome post.Thanks Again. Fantastic.

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By: toyotas for sale http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/#comment-317737 Thu, 26 Feb 2015 19:12:15 +0000 http://blogs.reuters.com/great-debate/?p=5527#comment-317737 I really liked your post.Thanks Again. Much obliged.

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By: water ionizer pay plan http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/#comment-238748 Fri, 20 Feb 2015 08:54:36 +0000 http://blogs.reuters.com/great-debate/?p=5527#comment-238748 A round of applause for your article post.Really thank you! Really Great.

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By: Helicopter Training in Florida http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/#comment-195569 Mon, 16 Feb 2015 21:29:31 +0000 http://blogs.reuters.com/great-debate/?p=5527#comment-195569 I loved your blog post.Really thank you! Want more.

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By: Matt http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/#comment-25963 Thu, 22 Oct 2009 17:45:59 +0000 http://blogs.reuters.com/great-debate/?p=5527#comment-25963 So much of this discussion is overblown. The U.S. is the most innovative and hard working on the planet. Our currency is the most transparent and trusted. Period. Until China can produce something other than the plastic garbage sold at big box stores and the EU has a longer work week (and ends its bickering), the USD will continue to be the currency of choice. Another point, oil’s influence on the USD stops when we find transparency (working according to the EIA)- or an alternative abundant and practical energy resource.

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By: enoch apaibinyesim http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/#comment-25713 Fri, 16 Oct 2009 23:18:18 +0000 http://blogs.reuters.com/great-debate/?p=5527#comment-25713 Thank you for the article.

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By: The Bell http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/#comment-25676 Fri, 16 Oct 2009 08:31:51 +0000 http://blogs.reuters.com/great-debate/?p=5527#comment-25676 There’s so much talk of late about the dollar falling, it surely follows that somebody has a vested interest in seeing it go that way. One doesn’t have to look too hard to figure out who might be involved. [Hint: it’s not who it should be.]

Amid all the chatter, what seldom gets mentioned is the degree to which our currency policy now quivers coyly in the hands of an unregulated US finance industry, rather than those of the Treasury.

Underpublicized also are the long-term risks of this presumptuous trend toward total privatization of the national interest. It’s been going on so long now, it’s just “one of those things”.

With the Treasury Department devoting obscene amounts of its time and resources to massaging certain parts of private financial services industries in a suspiciously sensuous fashion, instead of focusing on the vast and troublesome domestic implications of an unruly greenback’s mood swings careening entirely out of public control, the overall situation becomes that much more volatile and vulnerable to catastrophic outcome.

Clearly this concerns the banks not one whit. Boldly using taxpayer funds as gaming chips, you’ll see them short the U.S. Dollar wholesale in a New York minute. And damn the consequences – as long as they come out ahead on paper, they really don’t give a hoot how low the domestic currency sinks and at what inevitable cost to the American public.

Europe On $500 A Day, anyone?

(At the time of publication the writer didn’t seem to have too many dollars.)

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By: Casper http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/#comment-25621 Thu, 15 Oct 2009 11:17:27 +0000 http://blogs.reuters.com/great-debate/?p=5527#comment-25621 I would be interested in seeing what the components of production, imports, consumption and exports are for the US. Maybe a long journey downward will be a pleasant one, like a tired old 737 jet coming in for its last landing to be replaced by a zippy new technology and way of thinking.

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By: Martin http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/#comment-25601 Wed, 14 Oct 2009 20:11:15 +0000 http://blogs.reuters.com/great-debate/?p=5527#comment-25601 The reason the dollar is dropping in value is more due to the fact that in the world economy –(where all the different currencies of each country are balanced out and each currencies worth is put against the other.)– has changed ever since the advent of the EURO <– which took away nearly 50 currencies in Europe, the dollar has been dropping. they basically tranformed their entire continent into one big economic powerhouse and it worked for them instead of us being rich now they are because our dollar has to compete against the EURO as a whole as opposed to the many different currencies there used to be It has nothing to do with welfare or obama (although printing <-new money- our way out of debt like his administration is trying to do is why the USSR collapsed).

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By: Jones http://blogs.reuters.com/great-debate/2009/10/13/dollar-faces-long-journey-downward/#comment-25591 Wed, 14 Oct 2009 14:05:13 +0000 http://blogs.reuters.com/great-debate/?p=5527#comment-25591 Mark said:
“Denmark can afford its expensive social programs not because it’s propped up by the US – which has no troops here – but because Denmark’s citizens pay high taxes to support them. In turn, they can afford to do that because the economy is robust…”

Not exactly – where do you think the Danes get the money to pay for those social programs?

The U.S. has a $3.28 billion trade deficit with Denmark. The U.S. is everyone’s biggest trade partner and we a have a deficit with just about everyone.

Indirectly, WE are paying for Europe’s social programs.

All of these happy little European Socialist states can maintain their nanny-ness because they are all attached to America’s big dirty Capitalist Economy like parasites.

If the U.S. went socialist – the Global Economy would fall apart. Socialism needs to sell to a Capitalist economy to survive.

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