How's the dollar doing? (Page 1/1)
2.5 DEC 17, 05:36 PM
Are they "printing" a bunch?

Where have the coins gone?

(Only the 1st half of the vid is related)



Interested in what anyone knows or thinks.
sourmash DEC 17, 07:58 PM
A cheap dollar means more exports as the world buys our goods for a better price. A strong dollar leads to stagflation in poor economy times.
I bet they'll add 4# trillion in debt in the first half of next year.

Coins: I never spend a nickel nor a copper penny. There's about $200 in dimes that are close to being cashed out soon. All quarters get cashed out when the count gets to 20-30 dollars depending, on my car gas gauge.
randye DEC 17, 09:21 PM

quote
Originally posted by 2.5:

Where have the coins gone?

Interested in what anyone knows or thinks.




I know that the last time I checked 3 years ago, that I have over 600 lbs. of coins in all denominations.

I know
that I am not going to spend time sorting and counting the dollar value of all that mess.

I think that I'm going to keep saving all my loose change.
sourmash DEC 17, 10:46 PM
Doug in a diff video said, "Foreign Exchange Controls".
As the American economy gets more volatile, will there be less domestic control and more foreign? There will almost have to be, won't there?

Someone I listened to was talking about 1930s Germany. If you owned the currency prior and it became worthless, you were just out. If you owned Mercedes Benz stock, you were much better of after. But Doug talks about gold stocks, not regular stocks.
blackrams DEC 18, 06:06 AM
I don't pretend to be a global economist but, with each passing stimulus bill, the value of our dollar drops.
Keep printing that money and see what it's worth....................
There is no such thing as "free" money. At some point, it either gets paid back or the economy fails.

Rams
Hudini DEC 18, 08:50 AM
I believe the idea was that the ever growing GDP would finance the debt. However, some estimate that in a few years we will no longer be able to pay the interest on our debt. At that time we either default or cut costs in other areas such as Social Security.
maryjane DEC 18, 09:16 AM

quote
Originally posted by blackrams:

I don't pretend to be a global economist but, with each passing stimulus bill, the value of our dollar drops.
Keep printing that money and see what it's worth....................
There is no such thing as "free" money. At some point, it either gets paid back or the economy fails.

Rams



Compared to what?
https://www.x-rates.com/table/?from=USD&amount=1
sourmash DEC 18, 09:31 AM
Is it wrong to believe that the real goal is to increase the indebtedness of the nation to the point of economic and social breakdown (crisis) as a means to further enrich the banker/elite classes (through interest payments) at the expense of and as a means to weaken the working class?

Never let a crisis go to waste (Corony, racism). Manufacture a crisis if one doesn't exist (man made global warming, Iraq, racism).
They aren't simultaneously flooding Western nations with the 3rd world because they want to protect us or because they want to protect national borders.
Globalism and one world governance is the trend. Nationalism and sovereignty is a foul ideology to the establishment.