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To: uscabjd

I think its bad. it will destroy the value of the dollar. and this is not good.


6 posted on 10/05/2009 5:40:41 PM PDT by ColdSteelTalon (Light is fading to shadow, and casting its shroud over all we have known...)
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To: ColdSteelTalon

you have seen anything yet, wait till the hyper-inflation kicks in from the systemic pumping of TRILLIONS of dollars into the global supply, due to the $25+ trillion in financial giveaways to the global banking masters in just the last 12 months, and FFS, this is all by design, Obama/Bush, etc are/were just puppets for the globalists. It is HIGH TIME that the majority of this board pulls its head out of its collective AR$E and turns on the real powers behind the scenes. wake UP!


20 posted on 10/05/2009 6:33:25 PM PDT by oioiman (The Federal Reserve has officially been listed as the USA's cause of death.....)
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To: ColdSteelTalon
Here's a couple of things that might help you think through this problem.

How exactly does a country "dump" it's dollars? Essentially three ways: First, it can purchase American goods, services, or invest (i.e. loan us the money). Surely you can see an increase in exports as not detrimental to us, and if they invest in the US, then the last thing they want to do is see the economy collapse.
Second, they can sell them on the world market for other currencies. The person to whom they sell will then do something in the first category. Sure, a lot on the foreign market will lower our exchange rate, but that means that foreign goods are relatively more expensive so we purchase more domestic goods. And no one is going to buy them at a high price if they think that dollars are being dumped and the price will be lower in the near future. Thus the country that holds a lot of $US and wants to get rid of them loses a lot of money trying to do so.
Third, it can burn the dollars in which case the US made a huge profit printing dollars for goods.

So from these scenarios, it should be seen that dumping is highly unlikely; the country that does so will hurt itself more than us. This is why you do nothing and let the exchange rates fluctuate. Any attempt to keep the exchange rate up will encourage more dumping and essentially pay them to get rid of their dollars.

32 posted on 10/06/2009 6:42:21 AM PDT by In veno, veritas (Please identify my Ad Hominem attacks. I should be debating ideas.)
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To: ColdSteelTalon
Destroying the value of the dollar is by design. One of the legs of the obamanation stool of fundamentally changing America is to create such an economic crisis that we the people become serfs in a global economic plan.

Go to this link and listen to the first two segments from 10/5/09, paying close attention to the plan of community organizers (and yes, Rahm Emanuel is a community organizer on the national level, to incorporate America in a global community to which we will be subordiante): http://glennbeckclips.com/

33 posted on 10/06/2009 7:22:30 AM PDT by MHGinTN (Dems, believing they cannot be deceived, it is impossible to convince them when they are deceived.)
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