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To: pepsionice

You don’t understand economics, sorry. It’s tough to be blunt, but a lower Dollar means higher stock prices and lower debt values.

So your 401k would be worth more and your house debt would be worth less and easier to repay, as would your credit card debt, if the Dollar plunged.

Won’t happen, but that’s how economics would work if the Dollar did plunge.


24 posted on 11/21/2010 2:23:39 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Southack
Before you correct people on economics you should think first. You said if the Dollar Plunges "your 401k will be worth more" ---

IN WHAT CURRENCY?

27 posted on 11/21/2010 2:37:30 PM PST by jd777
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