Dream on. Real countries have strong currencies.
What part of my comments was a dream, they are based on fact? Those things actually have happened, and for good reason? Or is Japan not a mess, 20 years later?
Do you think that Japan likes their extremely strong currency?? Where has that got them?
Do you think Americans today are anxious to pay back their current loans, with more expensive dollars going forward? No way man...
A strong currency is what we had. It meant that Americans could buy overseas goods on the cheap, and unemploy folks here at home. It also brought in enormous amounts of illegal aleins, as they could western union the money home, and spend it much farther there.
I agree, a troublesome weak currency is a problem, but so is a very strong currency. Since currencies balance themselves out through trade and trade discrepencies, really we don’t have to act liek the end of the world is coming.
Aren’t all of you glad that foreign imports are too expensive, and Americans will need to spend their money on domestic products?? Isn’t that what this site and others have bitzed about for years???
If on the other hand, we see US debt need a 7-8-9-10% coupon, then I’d agree we are facing some real trouble.
Go ahead, I dare you, give me a one word answer like “You are stupid...”. If not, feel free and give a detailed easy to understand explination why I’m “dreaming”.