Debate The declining value of the american dollar

Discussion in 'Off Topic' started by JSnoop420, Aug 22, 2008.

  1. JSnoop420

    JSnoop420 Ancient
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    People this is happening just like it was planned

    soon the american dollar value will reach an all time low.
    if this happens america will basically have to merge with canada and mexico in order to stablilize the economy (which will allow billions of dollars for the government and mainly millitary operations)

    now the problem with that is when the currency reaches this low it destroys the middle class. Most of the middle class will become poor and america will be more like mexico city as far as class. (not as extreme but it could be)

    Soon there will either be rich or poor no inbetween and society will change (especially MOST of our rights and laws)


    Whats your opinion about this?
     
  2. Vinny

    Vinny Ancient
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    What the ****?

    This has happened before. It was called the Great Depression. In which we have taken measures against now.

    This is economy, on it's natural cycle. Much like global warming.
     
  3. JSnoop420

    JSnoop420 Ancient
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    but this is actually the first time that a company is actually controlling our economy


    the reason why the dollar is declining is because of the oil companys
     
  4. Nemihara

    Nemihara Ancient
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    A plan, you say? Do elaborate.
    What the hell? How the **** did you even imagine that working?

    No....
    Very assuming of you.

    Inflation is a problem, of course, but the effect will not be adverse enough to **** up the social structure. There was one time when this did happen to the US, and that was during the Great Depression. And guess what? We've made several counter-measures to this so that this won't happen.

    The whole point of the Debate section is to debate, not share different opinions on subjects.

    Companies do not control the economy wholly. There are still several important factors that you are ignoring.
     
  5. Vinny

    Vinny Ancient
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    I bet you he believes America was behind 9/11.
     
    Nemihara likes this.
  6. The Storm 59

    The Storm 59 Ancient
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    This doesn't really concern me, although it probably should. So I'm not going to go into an in depth discussion about your currency. I will post this, however.

    [​IMG]
    Link
    It basically shows that inflation appears to be increasing in the USA.
     
  7. youngian

    youngian Guest

    its hard to tell what the economy will do you can never predict it and plus Mexico's currency is still worse than ours because if it wasn't they wouldn't becoming here but i think we are slipping into anthor depression . its all because of the raising price of oil because petroleum based product make up over 75% of are products we produce . thus rasing the price of all products .
     
  8. M.Jelleh

    M.Jelleh Ancient
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    You really shouldn't post something in this forum without clear information. You should have quotes and real facts that support your evidence. I think that while the economy is sloping, that it might go back up soon too. You never know.
     
  9. Draw the Line

    Draw the Line Ancient
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    The American dollar is losing its value for several reasons. One of the largest factors is our national debt. We spend far more than we have. Inflation is the result. Third world countries are also starting to develop around the world. Their quality of living has gone up and as a result these countries are beginning to compete with the US market. Our dollar becomes worth less as other countries gain more wealth.

    Like others have said similarly above, the market fluctuates. The US is in a time of economic decline, its natural. Our economy can only grow to a certain point, after that you'll tend to see a steady decline....which is eventually followed by an economic increase. Its just a natural cycle that most people don't quite understand.

    Expect the American economy to "bottom out" in about 2 years. From there we'll start to see more economic growth.
     

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