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Politics : Foreign Policy Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (1602)1/3/2003 5:48:23 AM
From: zonder  Read Replies (1) | Respond to of 15987
 
>>Have you seen the USD performance lately?<<<
Yeah, we are deflating. Time to run the printing presses again.


I see you do not realize how damning the above statement is.

I like you, Bill. So I am not going to make fun of you. I will, instead, advise that you check with someone who knows about these things before writing anything remotely related to economy around here.

Do you even know what the effects of printing money are on a currency? IT DEVALUES THE CURRENCY IN WHICH MONEY IS PRINTED.

So. You are basically saying more USD should be printed. This will decrease the value of the USD against other currencies, and of course, gold.

Say goodbye to your beloved currency that everyone else wants. "It's good to be king", indeed...

And they don't want any currency but American Dollars. Ahhh, it's good to be King!

Message 18395861