devaluation of the dollar

Discussion in 'Economics' started by riskfreetrading, Dec 16, 2008.

  1. okay lets end this thread already.
     
    #81     Dec 17, 2008
  2. kxvid

    kxvid

    Thats what they want you to think so they can run the printing presses at mach 50.
     
    #82     Dec 17, 2008
  3. called the senator. found out that others are calling for his removal. press must be hiding things by not calling for his removal.
     
    #83     Dec 17, 2008
  4. zdreg

    zdreg

    stock_trad3r


    Registered: Jun 2006
    Posts: 8377


    12-16-08 10:00 PM

    Quote from zdreg:

    typical 3rd world policy. devalue to prosperity. u should be in the fed.



    Ur also wrong


    wrong about what ?
     
    #84     Dec 17, 2008
  5. Don't be so shortsighted.

    Devaluation of the dollar has been going on for a long time, way way beyond the current Fed patsy aka chairman.
     
    #85     Dec 17, 2008
  6. zdreg

    zdreg

    stock_trad3r


    Registered: Jun 2006
    Posts: 8377


    12-16-08 10:00 PM

    Quote from zdreg:

    typical 3rd world policy. devalue to prosperity. u should be in the fed.



    Ur also wrong


    wrong about what ?
     
    #86     Dec 17, 2008
  7. zdreg

    zdreg

    devaluation of all currencies have been going on for a long time since they don't have gold backing.
     
    #87     Dec 17, 2008
  8. Funny how people don't seem to understand that the REASON we use FIAT paper currency instead of gold is so that it can be devalued at will in order to reduce wages and benefits, and to devalue the mountains of debt without it being apparent that is the purpose. Its also much cheaper to produce than gold coins were.
     
    #88     Dec 17, 2008
  9. zdreg

    zdreg

    the purpose of fiat money is to allow politicians to make the masses dependent on the government for favors. debt creation is not subject to free market restraint. disgusting.
     
    #89     Dec 17, 2008
  10. when are you going to call for the Fed chairman to resign?

    Check what is happening to the dollar! Routed againt today. Down 300 pips in less one hour! normal movement in a day is 120.
     
    #90     Dec 18, 2008