What's up US dollar?

it may be a mainstream story, but like ninjachris said, it isnt going to happen, and the dollar will fall again.

[Revolver]

Originally Posted by Avana

it may be a mainstream story, but like ninjachris said, it isnt going to happen, and the dollar will fall again.

yeah,but like i said in my reply to him, why dose the loonie have to fall again?. why cant the loonie stay on par with the green back for a extended amount of time?I think canada has enough steam in its natural resources and economy to handle it. dont we?

...eaither way, the ross outlet store carries excellent designer ties(trump,jones new york) on the cheap and now on the super cheap so im deffinatly going down soon to shop.

[decypher]

The dollar being on par has to do with a lot of things from our economy and the US crisis'.

The Brits are all shitting a brick right now over this "financial crisis" on the BBC. They had this one guy from the Hudson Institute in Washington trying to explain the fallout of this. When the American referred to poverty he said "to help those who haven't benefited from deregulation and the free market."

He even went on to say that the people in the US who have to foreclose didn't "have anything to begin with so they aren't losing anything." That's when BBC cut him off.

It's this sort of language that these guys use that shows you how their logic of business works. It's too bad that these sorts of guys are controlling our cultural industries.

The "amero" is real theory and has been talked about but there is no certainty that a new currency will come in. I think 5 member states of the EU do not use the euro. The range and scale of how severe these new trade actions will have varies but it clearly solidifies business hegemony. I don't see why everyone is so shocked. It's not some evil bush plot it's just big business and government moving in the direction of the EU to bolster power relationships. It's a stupid doctrine that certain people in the US believe is the only path while business is more then ready to support.

[SEAN!]

Originally Posted by F*r*a*

Guaranteed , Euros are going to be the next currency standard.

its unlikely, but who knows.

i really want to buy a mid pipe, 4 point trunk brace and front tie down for my car, but i dont think its the wisest decision to make right now, since im pretty broke.

[SEAN!]

Originally Posted by Revolver

to have both currencies trading on par is simply the first step in introducing the amerodollar and unifying northamerica under one tade union. like a SUPER NAFTA.

thats where it is going.its so painfully obvious.

in the next 5-10 or so years im fully expecting to say goodbye to the canadian dollar,The Mexican peso and the US 'scam'back.

The big story reported now is how we all should be so happy to go down to the states and SHOP SHOP SHOP and fill the pockets of american buisness interestes and tourism sectors while the candian export,film production and tourism sectors and getting slammed.

without a doubt its a very fascinating story wich has made for some excellent news watching.As ive said before in another thread,i live to travel so overall im pleased to see the loonie doing so well.

Instituting the amero would require heavy duty legislative and structural changes to all of the governments/economies involved. It would be a very long process, it is not something that can just be snuck in. The current currency value has nothing to do with a conspiracy, no single person or group of people can conspire to bring down the American currency you would need trillions upon trillions of USD dollars to do it. The only way it could be done is if the central banks of Japan, South Korea and China decided to dump all their USD holdings but they have a vested interest in keeping their currencies cheaper relative to the USD.

heres a handy guide:
Factors Contributing to a Strong Currency


Higher interest rates in home country than abroad
Lower rates of inflation
A domestic trade surplus relative to other countries
A large, consistent government deficit crowding out domestic borrowing
Political or military unrest in other countries
A strong domestic financial market
Strong domestic economy/weaker foreign economies
No record of default on government debt
Sound monetary policy aimed at price stability.

Factors Contributing to a Weak Currency

Lower interest rates in home country than abroad *
Higher rates of inflation
A domestic trade deficit relative to other countries *
A consistent government surplus
Relative political/military stability in other countries *
A collapsing domestic financial market *
Weak domestic economy/stronger foreign economies *
Frequent or recent default on government debt
Monetary policy that frequently changes objectives *

* describe whats happening in the states

[fritz]

Sucks to get paid in USD, it's like a slow and painful wage decrease over the last year. :(

[wishbone]

All those Amero supporters:

Please reference why it will exist in reference to the OCA requirements:
Optimum currency area - Wikipedia, the free encyclopedia

(I might be able to anticipate your responses, I might not be.....I'm not too knowledgeable of the reverse argument).

[esoter1c]

The Amero won't hit until 2010, so the dollar will go up & down, it's just ONE step closer is all I'm saying , I'm not saying there's gonna be an Amero tomorrow or next year even. If you don't know about the NAU & the SPP and what it's goals are as laid out by the CFR then you should catch up. There's nothing tinfoil hat about the CFR, NAU & the SPP.

[dabbler]

states stands to lose too much with the idea of the Amero. I say it will only happen when the peso reaches parity. and even then it would be bad for americans

[Revolver]

YEAH TIN FOIL HAT MY ASS!!!!

[Senior]

Originally Posted by esoter1c

Just one step closer to the Amero.

not really...

if anything I'd suggest adopting the Euro way before a single NA currency. however with financial policy being what it is the US I'd strongly oppose linking our currency to theirs.

[esoter1c]

Originally Posted by Senior

not really...

if anything I'd suggest adopting the Euro way before a single NA currency. however with financial policy being what it is the US I'd strongly oppose linking our currency to theirs.

Great suggestions, unfortunately, who the fuck are you ?

This time, watch the clip.

[Grapes]

^ That was sassy!

[Grapes]

Originally Posted by SEAN!

It would be a very long process, it is not something that can just be snuck in.

This is what comes to my mind when I hear Amero talk.. given that everyone I've mentioned the issue to has responded to the Amero idea with something along the lines of "Umm... over my dead body!"

Nothing is guaranteed one way or the other, but there seems to be the sort of resistance to the idea that could get a Prime Minister run out of the country on a rail were he or she to try and institute such a switch.

[Senior]

is there a breaks mix of this yet?

Originally Posted by esoter1c

The Amero won't hit until 2010, so the dollar will go up & down, it's just ONE step closer is all I'm saying , I'm not saying there's gonna be an Amero tomorrow or next year even. If you don't know about the NAU & the SPP and what it's goals are as laid out by the CFR then you should catch up. There's nothing tinfoil hat about the CFR, NAU & the SPP.

YouTube - Lou Dobbs: North American Union Orwellian Brave New World

[crookedking]

Originally Posted by Revolver

YEAH TIN FOIL HAT MY ASS!!!!

i gave you that Evil Karma for showing such an Evil ass.

[mapleleaf4ever]

Closed at $1.0052US the other day.

MOVIN' ON UP IN THE WORLD BITCHES!

Go Canada!

[socool]

Our dollar is now on par and yet products in Canada still cost considerably more than American goods. You can even buy something that was made in Canada in the States for less than it would cost in Canada. Something is wrong here, no?

[Grapes]

MORE LIKE U.S. LOLLLAR AM I RITE

Can't believe it took me this long to think of that.

[P.A.R.T.Y]

Definitely a good time to go to the Peace Arch crossing and do some cross border shopping. I was down in Seattle and was totally surprised at all the discounts and hard to find items going for amazing deals. Everything is about 2/3 the price of Canada and their economy hasn't really recognized our buying power.
The best time to to go is during the weekdays in the morning/afternoon. The weekend will land you in a world of line-up pain. Still, if you don't mind waiting a couple hours and driving a few more, then you will get to experience a new adventure.

[Grapes]

Nothing says adventure like Bellingham.

[Technix]

Yea we'll be heading down to Bellingham next week.

Soooo not looking forward to the border lineups... :evil:

[NinjaBoy]

Originally Posted by socool

Our dollar is now on par and yet products in Canada still cost considerably more than American goods. You can even buy something that was made in Canada in the States for less than it would cost in Canada. Something is wrong here, no?

Nothing is wrong here. Prices adjust after time. I week of the dollar being on par isn't going to have manufactures change their MSRP.

Since everyone knows that the dollar will be back to around 80% in a month or so, not much is going to change.

[esoter1c]

[esoter1c]