The Dollars Crashing Sends Ripples Throughout Israel

Townhall.com ^ | November 14, 2021 | Jonathan Feldstein

[BobL]

“Basically, over just a few years when many in Israel were devastated by the pandemic, we’ve seen a twenty percent drop in the value of the dollar. Other currencies are similar.”

Dollar (for whatever reason) is doing fine against European and Japanese currencies. Seems that if if every currency is crashing against the Sheckle, then maybe the problem is in the Sheckle?

[WoofDog123]

maybe israel isn’t debasing their currency as quickly.

[BobL]

Could be true, for sure, but I don’t like the dollar being singled out!

[Jaysin]

I’ve lived here for 15 years and it’s never been so low.

And it hurts a lot of American ex-pats here who work for American companies (like myself)

[SaxxonWoods]

“Please send more of your no-good dollars.”

Not my job.

[PeterPrinciple]

Maybe the dollar is not such a good investment after all. Now however, as the dollar drops, Israelis are suffering too.

---

It is the best crappiest currency in the world. Some things are relative.

[mdmathis6]

The dollar will drop to 2/3rds the value it had in Trump’s last year by the time Biden leaves office!

We will be in depression territory!

[SaxxonWoods]

“The dollar will drop to 2/3rds the value it had in Trump’s last year by the time Biden leaves office!”

Would you like to show us the calculations that brought you to this answer?

[SJackson]

Middle East and terrorism, occasional political and Jewish issues Ping List. High Volume If you’d like to be on or off, please FR mail me.

[mdmathis6]

I’m postulating based on purchasing power and rising inflation rates. I’m not doing comparisons of the dollar vs other currencies just running some loose calculations on what i bought in 202o November vs what i buy now for the same amount of money vs where prices appear to be going. Gas prices and motor oil for gasoline engines lubrication are another factor. Run your own metrics. I’m actually being optimistic for there are some real maniacs on the loose in DC right now!

[Big Red Badger]

The Best,
Crappiest Currency.
.
Yup,

[Big Red Badger]

The Dollar Crashed?

[Hiddigeigei]

"The dollar will drop to 2/3rds the value it had in Trump’s last year by the time Biden leaves office! We will be in depression territory!"
In the Great Depression (I was born in 1932) a dollar was a very scarce commodity. A small hamburger cost 5 cents at the White Tower. Movies cost 10 cents, my weekly allowance after I begged my mother to raise it from a nickle in a fairly prosperous family with several servants.

[Elsie]

So what is the problem?

A ratio between the two sends NO information on which of them (or both) are going up or down.

[Elsie]

Maybe we ain’t s’posed to think that way!

[Elsie]

White CASTLE?

[Elsie]

https://en.wikipedia.org/wiki/White_Tower_Hamburgers

 

The earliest buildings, such as Indianapolis White Castle #3, built in 1927, had exteriors of white enamel-glazed brick and interiors of enameled steel. The Indianapolis unit was in operation until 1979, making it, at the time of its closure, the longest-operating fast food restaurant in the country.   https://en.wikipedia.org/wiki/White_Castle_(restaurant)

 

 

 

(Considering my roots; I just HAD to look it up!!  ;^)

[Dave W]

It’s extraordinarily clear you don’t understand.

[BobL]

“It’s extraordinarily clear you don’t understand.”

So a guy in a crowd of 100 normal people points to a plane crash. The other 99 look there and say there’s no crash, or any evidence of such. Who’s right?