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I'm sick of the dollar losing value!

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  • #31
    Re: Re: I'm sick of the dollar losing value!

    Originally posted by DanS


    The culprit on all of this is people like you, I'm afraid. You are not buying American.
    LOL, the neolib asking people to "buy American" instead of letting people act in accordance to the market.
    Last edited by Master Zen; July 18, 2007, 22:07.
    A true ally stabs you in the front.

    Secretary General of the U.N. & IV Emperor of the Glory of War PTWDG | VIII Consul of Apolyton PTW ISDG | GoWman in Stormia CIVDG | Lurker Troll Extraordinaire C3C ISDG Final | V Gran Huevote Team Latin Lover | Webmaster Master Zen Online | CivELO (3°)

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    • #32
      Re: Re: Re: I'm sick of the dollar losing value!

      Originally posted by Master Zen


      LOL, the neolib asking people to "buy American" instead of letting people acting in accordance to the market.
      Well, if you pay your workers lousy, then they of course buys what gives most value for the money.
      With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

      Steven Weinberg

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      • #33
        Whether you are rich or poor, you buy what is most appealing to you. Which is why saying "buy American" goes against that little thing called *free* market. Oh the irony...
        A true ally stabs you in the front.

        Secretary General of the U.N. & IV Emperor of the Glory of War PTWDG | VIII Consul of Apolyton PTW ISDG | GoWman in Stormia CIVDG | Lurker Troll Extraordinaire C3C ISDG Final | V Gran Huevote Team Latin Lover | Webmaster Master Zen Online | CivELO (3°)

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        • #34
          Actually, I can't see why the dollar loosing value is bad for the US. Here in Norway the economists and businessmen always complain when the value of the krone gets too high, as it worsens the competitiveness of the industry and corporations and such.
          Do not fear, for I am with you; Do not anxiously look about you, for I am your God.-Isaiah 41:10
          I praise you because I am fearfully and wonderfully made - Psalms 139.14a
          Also active on WePlayCiv.

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          • #35
            Actually, I can't see why the dollar loosing value is bad for the US. Here in Norway the economists and businessmen always complain when the value of the krone gets too high, as it worsens the competitiveness of the industry and corporations and such.
            The USD is the lichpin currency of the global economy.

            petrodollar is a relevant term - USD is the only currency which can be used to trade for oil.

            This article explains it pretty well (just the first googled under "oil us dollar")

            Trinicenter.com - The War To Save The U.S. Dollar
            http://www.trinicenter.com/oops/iraqeuro.html
            The Americans could live with Saddam until he started selling oil for euros instead of U.S. dollars. Then the Europeans could live with him.

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            • #36
              Re: Re: Re: I'm sick of the dollar losing value!

              Originally posted by Master Zen
              LOL, the neolib asking people to "buy American" instead of letting people act in accordance to the market.
              Don't misunderstand. I couldn't give a toss about the conversion rate (the market will correct it, after all). I was merely informing Lancer the reason for the conversion rate.
              I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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              • #37
                Originally posted by Lazarus and the Gimp
                I had a rummage down the back of my sofa for loose change yesterday. Then I converted it into US dollars to to see what I could buy with it.

                I bought Vermont.
                Very pretty fall colors, a good purchase. I'm surprised the Japanese would sell it though.
                Long time member @ Apolyton
                Civilization player since the dawn of time

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                • #38
                  Re: Re: Re: Re: I'm sick of the dollar losing value!

                  Originally posted by DanS


                  Don't misunderstand. I couldn't give a toss about the conversion rate (the market will correct it, after all). I was merely informing Lancer the reason for the conversion rate.
                  That's not the reason. There's no historical link between the US deficit and exchange rate contrary to what most people think, and reality is often quite dissimilar to what you read in a text book. Fact of the matter is that the predominance of the dollar in trade means that it is quite insulated from the effects of a depreciation compared to most other countries. Thus, "Buy American" isn't really going to help since the deficit is not so dependent on the rate as you claim.

                  "The market will correct it..." as if rates were solely dictated by markets. Riiight....
                  A true ally stabs you in the front.

                  Secretary General of the U.N. & IV Emperor of the Glory of War PTWDG | VIII Consul of Apolyton PTW ISDG | GoWman in Stormia CIVDG | Lurker Troll Extraordinaire C3C ISDG Final | V Gran Huevote Team Latin Lover | Webmaster Master Zen Online | CivELO (3°)

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                  • #39
                    Originally posted by Lazarus and the Gimp
                    I had a rummage down the back of my sofa for loose change yesterday. Then I converted it into US dollars to to see what I could buy with it.

                    I bought Vermont.
                    My bid isn't being considered?
                    (\__/)
                    (='.'=)
                    (")_(") This is Bunny. Copy and paste bunny into your signature to help him gain world domination.

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                    • #40
                      Originally posted by Blake


                      The USD is the lichpin currency of the global economy.
                      Intentional?

                      (\__/)
                      (='.'=)
                      (")_(") This is Bunny. Copy and paste bunny into your signature to help him gain world domination.

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                      • #41
                        I wish I could say yes but I'm not clever enough to come up with something that good intentionally .

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                        • #42
                          Closing President' speech in the meeting of Geneve acting banks
                          (and that means from all world) some years ago:

                          "Gentlemen, never forget, they have the weapons".
                          Case closed.

                          Best regards,

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                          • #43
                            Re: Re: Re: Re: Re: I'm sick of the dollar losing value!

                            Originally posted by Master Zen
                            That's not the reason. There's no historical link between the US deficit and exchange rate contrary to what most people think, and reality is often quite dissimilar to what you read in a text book.
                            Dude. You're whacked!
                            I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                            • #44
                              Originally posted by Lazarus and the Gimp
                              I bought Vermont.
                              You bought it, you keep it!

                              reuters.com
                              http://www.reuters.com/article/domesticNews/idUSN1823185120070718?feedType=RSS&rpc=22&sp=true
                              I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                              • #45
                                Re: Re: Re: Re: Re: Re: I'm sick of the dollar losing value!

                                Originally posted by DanS
                                Dude. You're whacked!
                                It'd be great if you actually countered my claims by something called "facts".
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                                A true ally stabs you in the front.

                                Secretary General of the U.N. & IV Emperor of the Glory of War PTWDG | VIII Consul of Apolyton PTW ISDG | GoWman in Stormia CIVDG | Lurker Troll Extraordinaire C3C ISDG Final | V Gran Huevote Team Latin Lover | Webmaster Master Zen Online | CivELO (3°)

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