This is bear cunt i does see for real though!!! Why de fuck these cunts on tv can't think see and understand what's goings ons ? Am i seeing things? "Weak dollar strong u.s" these people is cunts..??? Sorry about that commentators i had to let that out :'-)
If a weak dollar was good, Zimbabwe would be a manufacturing mecca. The 1990s and 1980s had a strong dollar and long economic growth. The 1970s had a weak dollar and short economic growth.
Weak dollar doesnt help manufacturing as the dollar weakens energy increases offset the competitvness
A 4.5 trillion dollar trade deficit also means our manufacturing jobs are not here in the U.S., HELL the U.S. even imports vegetables. I would have to think that manufacturing no goods even for your self would lead to no circulation of revenues, you can borrow against the future with Voodoo Reaganomics and stimulus checks till the dollar is gone
oohh how cute, Euro/Dollar hit 1.4076 (look on the video). that 1 year ago, what now Euro hit 1.6 occasionally, just now I check it again still hovering above 1.50. How much battering US dollar gonna last??!??.
US$ 1 not worth a single decent roll of toilet paper in Europe rite now,what a shit!
What a bunch of balloneys!!!!! A weak dollar is certainly not a welcoming solution for the ailings of joe average in the mainstream. Maybe for for big corporations, heavy on export, on wallstreet but not main.
A stable currency means everything , and the USD is NOT stable, thats the problem.
You might be able to sell a Dodge overseas now, which is good for the economy, but due to falling dollar and high inflation you will not be able to build the next Dodge for the same money.
consequences of a weak dollar? i think cost-push inflation and no change in the demand for US goods, despite the real exchange rate depreciation. the credit crisis bleakens the scenario too. the fed can lower interest rates but investment is currently a fool's move despite the incentive to borrow on the cheap. once consumer confidence is gone, the economy (as driven by johnny consumer) is shot. weak dollar strong U.S is necessary propaganda to restore consumer confidence.
The U.S. is printing all that money out of thin air because their economy can no longer keep up with the rest of the world without lowering the value of the dollar. Also, printing more money will allow the U.S. to pay back it's debts without having to raise as much taxes.
What a crock of shit! How the hell does inflation (higher prices for US consumers) help the average american?!?!?!? A gradually weakening economy helps BIG BUSINESS and WALL STREET but it hurts US!!!!!
the weak dollar can increase exports which will increase demand for American raw materials and boost business for certain types of business (large and small). employment growth will be strong in a different sector after our economy makes the transition and goes through recession. basically, the businesses that have been on top the last 8 years will now suck (banking, real estate, retail), and raw materials, farming, and some manufacturing will improve (example: wheat exports up 60% last year).
Like I said before...It benifits big corporations and hurts the consumers. How can it be good for a consumer who, for example, has retirement savings and a fixed income. When they first starting saving for retirement, their money bought them more then it will when they actually use their savings to buy things like gas and food. The value of their savings has dropped, and the prices of goods and services has increased. Look at this even over just the past 5-10 years.
sorry for my long delayed reply blueballzstudio. yes, savings drops with inflation - but so does debt. this is why its so important to invest rather than save money. If you earn less than the inflation rate, you lose money and you'll never save enough. Despite the negative views of inflation, I still think it's a vital part of our economic recovery. High inflation will devalue debts, increase exports, and improve our trade deficit. We've been here before.
Ok, so...if the economy is better off with everyone investing then saving , like they do now, then why is it that more and more people are finding it harder and harder to retire at a resonable age? The "American Dream" has become an "American nightmare" for most of us today. Why should Americans be FORCED to support lage corporations and banks in order to be able to retire? That doesnt sound like freedom to me.
but to answer your question... Yes, I do believe the market is fair. Franchises are individually owned and create consistancy. I have complete choice in where I shop and eat and many times over I'll choose Mcdonald's applebees, or Wendy's because I already know what to expect. Our Mcdonald's donated more money to our local youth sports programs than all of the small businesses combined. Our Mcdonald's is also owned by a local resident. They compete for business too.
My parents own an ice cream shop that they are being forced to sell at a substantial loss due to the fact that these corporate chain shops (cold stone) are popping up EVERYWHERE now. They lost all their savings because of it. Is this system fair to hard working Americans such as them?
Sorry to here about your parents ice cream shop. Interesting though, I had looked into an ice cream shop for sale recently (happened to be a Cold Stone Creamery) for sale and it was cheap. Too cheap in my opinion but I was weary to buy because of the high cost of wheat (flour) which is raising the cost of food everywhere. I believe in a free market society as long as there are NOT monopolies. My parents lost a business too, and so did I. Sometimes it takes a couple of tries.
No wonder their are more Millionaires and Billionaires then ever before. A million dollars isnt as valuable as it used to be. Remember the game show "10,000 Piramid?" from the 70's? That was alot of money back then. Now, they have shows like "Who wants to be a Millionaire?" where they give away millions of dollars every week in cash and prizes like it's nothing. You need to save a million dollars nowadays to be able to retire. I know I'm probably going to have to work until the day I die.
You think the dollar as weak as it is today. That they would raise the minimum wage to at least $14 to $20 an hour. Adjusted to inflation. Who the hell can live off $7.25 an hour?
Even winning a milion dollars to retire on isn't enough. Considering how much Uncle Sam takes out in taxes like $300,000 or $400,000. The dollar's so weak, soon. They're probably going to have to print a $500 bill. To substitute for the $100 bill. As far as the price of a barrel of oil goes. It's all speculative. It's making oil companies insane profits & makes people in Wall Street who invests in these oil companies richer.
genyav: There is some truth in your statement that the exporting industry benefits from a weak Dollar, BUT:
The U.S. has got an enourmus trade deficit, it is importing much more than exporting. That means that a weak dollar would hurt the U.S. mor then it would help.
And you know what's funny? Our Nation's #1 cash crop is illeagal to own, consume, sell, or grow. over 20 BILLION dollars a year all going into the hands of criminals. Marijuana generates more revenue in this country then corn and wheat COMBINED!!! This conclusion is based on a study conducted using data provided by the DEA and State Dept.
Do they still believe that a "weak dollar equals strong economy" 5 years later?
DwayneHoLLowayLive 6 months ago
This is bear cunt i does see for real though!!! Why de fuck these cunts on tv can't think see and understand what's goings ons ? Am i seeing things? "Weak dollar strong u.s" these people is cunts..??? Sorry about that commentators i had to let that out :'-)
Nwa504 2 years ago
what idiots. Rick was the only one talking some truth there
wanderingeyes11 2 years ago
If a weak dollar was good, Zimbabwe would be a manufacturing mecca. The 1990s and 1980s had a strong dollar and long economic growth. The 1970s had a weak dollar and short economic growth.
Weak dollar doesnt help manufacturing as the dollar weakens energy increases offset the competitvness
gaguy1967 2 years ago 2
freedom is slavery... sound familiar?
wait887 3 years ago 2
Man they are stupid very stupid.
hexzerg 3 years ago 2
i can't believe the shit they air on tv. why is this rated 5 stars.
mreisma 3 years ago 2
What do they know they just got bailed by my fucken tax dollars.
D13247 3 years ago
A 4.5 trillion dollar trade deficit also means our manufacturing jobs are not here in the U.S., HELL the U.S. even imports vegetables. I would have to think that manufacturing no goods even for your self would lead to no circulation of revenues, you can borrow against the future with Voodoo Reaganomics and stimulus checks till the dollar is gone
phildog67 3 years ago
what a bunch of clowns. a real life circus.
idiots.
waka waka waka
bostonkane 3 years ago 6
jajajaaja
weak dollar is always BAD!
simply mens that today you have less money than 4 years ago...
MueraTelevisa 3 years ago 3
oohh how cute, Euro/Dollar hit 1.4076 (look on the video). that 1 year ago, what now Euro hit 1.6 occasionally, just now I check it again still hovering above 1.50. How much battering US dollar gonna last??!??.
US$ 1 not worth a single decent roll of toilet paper in Europe rite now,what a shit!
darth0ne 3 years ago
What a bunch of balloneys!!!!! A weak dollar is certainly not a welcoming solution for the ailings of joe average in the mainstream. Maybe for for big corporations, heavy on export, on wallstreet but not main.
neoconkiller101 3 years ago
A "Weak"/Low currency means nothing.
A stable currency means everything , and the USD is NOT stable, thats the problem.
You might be able to sell a Dodge overseas now, which is good for the economy, but due to falling dollar and high inflation you will not be able to build the next Dodge for the same money.
karpoezi 3 years ago
what a joke
braineater316 3 years ago
Weak dollar=strong economy? Come on......this is an insult to our collective intelligence
outforpresidents 3 years ago
I HATE the ways news programs run their interviews.
ShilgenVens 3 years ago
elasticity elasticity!
consequences of a weak dollar? i think cost-push inflation and no change in the demand for US goods, despite the real exchange rate depreciation. the credit crisis bleakens the scenario too. the fed can lower interest rates but investment is currently a fool's move despite the incentive to borrow on the cheap. once consumer confidence is gone, the economy (as driven by johnny consumer) is shot. weak dollar strong U.S is necessary propaganda to restore consumer confidence.
eca05ldl 3 years ago
The U.S. is printing all that money out of thin air because their economy can no longer keep up with the rest of the world without lowering the value of the dollar. Also, printing more money will allow the U.S. to pay back it's debts without having to raise as much taxes.
grapplerke 3 years ago
I hope they choke and die on each others cocks at Bohemian Gove. Fucking out of touch right-wing evil piece of shit repuglican coooks.
wing54 3 years ago
I agree, this inflation lends a helping hand to big businesses but fucks the rest of us over.
JDZeroHour 3 years ago
There having just a good ol' time talking about how fucked we are.
Saturn357 4 years ago 5
What a crock of shit! How the hell does inflation (higher prices for US consumers) help the average american?!?!?!? A gradually weakening economy helps BIG BUSINESS and WALL STREET but it hurts US!!!!!
blueballzstudio 4 years ago 2
the weak dollar can increase exports which will increase demand for American raw materials and boost business for certain types of business (large and small). employment growth will be strong in a different sector after our economy makes the transition and goes through recession. basically, the businesses that have been on top the last 8 years will now suck (banking, real estate, retail), and raw materials, farming, and some manufacturing will improve (example: wheat exports up 60% last year).
genyav 3 years ago
Like I said before...It benifits big corporations and hurts the consumers. How can it be good for a consumer who, for example, has retirement savings and a fixed income. When they first starting saving for retirement, their money bought them more then it will when they actually use their savings to buy things like gas and food. The value of their savings has dropped, and the prices of goods and services has increased. Look at this even over just the past 5-10 years.
blueballzstudio 3 years ago
sorry for my long delayed reply blueballzstudio. yes, savings drops with inflation - but so does debt. this is why its so important to invest rather than save money. If you earn less than the inflation rate, you lose money and you'll never save enough. Despite the negative views of inflation, I still think it's a vital part of our economic recovery. High inflation will devalue debts, increase exports, and improve our trade deficit. We've been here before.
genyav 3 years ago
Ok, so...if the economy is better off with everyone investing then saving , like they do now, then why is it that more and more people are finding it harder and harder to retire at a resonable age? The "American Dream" has become an "American nightmare" for most of us today. Why should Americans be FORCED to support lage corporations and banks in order to be able to retire? That doesnt sound like freedom to me.
blueballzstudio 3 years ago
but to answer your question... Yes, I do believe the market is fair. Franchises are individually owned and create consistancy. I have complete choice in where I shop and eat and many times over I'll choose Mcdonald's applebees, or Wendy's because I already know what to expect. Our Mcdonald's donated more money to our local youth sports programs than all of the small businesses combined. Our Mcdonald's is also owned by a local resident. They compete for business too.
genyav 3 years ago
My parents own an ice cream shop that they are being forced to sell at a substantial loss due to the fact that these corporate chain shops (cold stone) are popping up EVERYWHERE now. They lost all their savings because of it. Is this system fair to hard working Americans such as them?
blueballzstudio 3 years ago
Sorry to here about your parents ice cream shop. Interesting though, I had looked into an ice cream shop for sale recently (happened to be a Cold Stone Creamery) for sale and it was cheap. Too cheap in my opinion but I was weary to buy because of the high cost of wheat (flour) which is raising the cost of food everywhere. I believe in a free market society as long as there are NOT monopolies. My parents lost a business too, and so did I. Sometimes it takes a couple of tries.
genyav 3 years ago
No wonder their are more Millionaires and Billionaires then ever before. A million dollars isnt as valuable as it used to be. Remember the game show "10,000 Piramid?" from the 70's? That was alot of money back then. Now, they have shows like "Who wants to be a Millionaire?" where they give away millions of dollars every week in cash and prizes like it's nothing. You need to save a million dollars nowadays to be able to retire. I know I'm probably going to have to work until the day I die.
blueballzstudio 3 years ago
You think the dollar as weak as it is today. That they would raise the minimum wage to at least $14 to $20 an hour. Adjusted to inflation. Who the hell can live off $7.25 an hour?
paulp1021 3 years ago
Even winning a milion dollars to retire on isn't enough. Considering how much Uncle Sam takes out in taxes like $300,000 or $400,000. The dollar's so weak, soon. They're probably going to have to print a $500 bill. To substitute for the $100 bill. As far as the price of a barrel of oil goes. It's all speculative. It's making oil companies insane profits & makes people in Wall Street who invests in these oil companies richer.
paulp1021 3 years ago
genyav: There is some truth in your statement that the exporting industry benefits from a weak Dollar, BUT:
The U.S. has got an enourmus trade deficit, it is importing much more than exporting. That means that a weak dollar would hurt the U.S. mor then it would help.
JazTony 3 years ago
And you know what's funny? Our Nation's #1 cash crop is illeagal to own, consume, sell, or grow. over 20 BILLION dollars a year all going into the hands of criminals. Marijuana generates more revenue in this country then corn and wheat COMBINED!!! This conclusion is based on a study conducted using data provided by the DEA and State Dept.
blueballzstudio 3 years ago 3
Not straight. Production is based on oil.
Comparatively, for the same production, a weak dollar buys less oil. Meaning that the production capability is harmed by a weak dollar.
Reversely, a strong euro buys more oil but decreases the export opportunities.
So a straight analysis like that "weak dollar strong economy" leaves many aspects out.
TheCZMan 3 years ago
Not straight. Production is based on oil.
Comparatively, for the same production, a weak dollar buys less oil. Meaning that the production capability is harmed by a weak dollar.
Reversely, a strong euro buys more oil but decreases the export opportunities.
So a straight analysis like that "weak dollar strong economy" leaves many aspects out.
TheCZMan 3 years ago
How wrong can someone be? This WRONG!
softearth 4 years ago
Freedom is Slavery
War is Peace
Weakness is Strength
DoggedShirts 4 years ago
We truly are in the Matrix!
johnq54 4 years ago 2