[AntiScumbag]

a stock market that is higher because the dollar is devaluing

Ya know, you're a good example of what's wrong with this site and knee-jerk conservatives in general -- that is, you don't know have the first clue about what you're talking about.

In fact, the US Dollar index has traded between 79 and 80 in '91, '93, '95, '05, '08, '10, '12, '13 and '14.

The DJIA is up 153% from the lows of '09, yet the dollar has gone EXACTLY NOWHERE for over a decade. So, no, the market isn't higher because "the dollar is devaluing."

But, that's against other fiat currencies, so how about against gold? From 1,000 in '08, it's about 1,300, up 30%. A few months ago, under 1,200, up less than 20%.

Nope, that's not it either. At most, "devaluation" of the dollar accounts for but a small fraction of the price behavior of securities.

I won't hold my breath for you and most of the others on this thread to admit to facts.

I will join everyone on this thread in hoping for the rejection of the moronic jug-ears and all that he stands for at the earliest possible date.

But, contrary to the idiocy on this thread, the economy is growing at about 2% -- way too slowly -- but that will improve when jug-ears is neutralized and then finally replaced so the process of undoing his damage can begin.

Meanwhile, it's just silly to deny reality.

[Lazamataz]

Ya know, you're a good example of what's wrong with this site and knee-jerk conservatives in general -- that is, you don't know have the first clue about what you're talking about. In fact, the US Dollar index has traded between 79 and 80 in '91, '93, '95, '05, '08, '10, '12, '13 and '14.

Ya know, you are an asshat who is clueless about everything.

The dollar index "is a weighted geometric mean of the dollar's value compared only with a "basket" of 6 other major currencies which are: Euro (EUR), 57.6% weight. Japanese yen (JPY) 13.6% weight. Pound sterling (GBP), 11.9% weight. Canadian dollar (CAD), 9.1% weight. Swedish krona (SEK), 4.2% weight. Swiss franc (CHF) 3.6% weight"

Meaning if the other currencies are devaluing with relation to their value against material goods or labor, we can expect to see no change in this index.

However, all these currencies are devaluing, thus the higher costs for materials, services, and stocks.

And thus the higher DJIA.

Now go bother someone who isn't as ignorant as you, tankyuvurramuch.

[Lazamataz]

Ya know, you're a good example of what's wrong with this site and knee-jerk conservatives in general....

Oh, and if you find this site, filled as it is with knee-jerk conservatives, I bet you one (devalued) American Dollar that I can help break your Free Republic posting habit.