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Theory on the falling dollar (not good)

I have a little theory on why the dollar is falling precariously, and pushing other nation's to consider dumping the dollar as a reserve currency.

All along I have suspected the fall in the dollar is not by accident, but by purposeful action. I theorize that those who control the dollar are purposefully sabotaging the dollar's value to make way for the NAFTA Amero. Once other nations dump the dollar as a currency, our economy becomes shits, people clamor for a way out, BOOM, here comes the Amero to save the day!

Henry Kessinger once said that people will give up everything just to feel protected, and we will be pushed into clamoring for protection from an imaginary enemy, so a the few can control the masses..

That's my take, any thoughts.

And what country would be safe to reside in to get away from this globalist agenda?

That's probably ONE reason why it's going down.

I think the dollar is crashing simply because we've been the "reserve currency" of the world for so long that our government has taken it for granted...spent like mad, and basically wrecked the US financially.

case in point...our current debt:



The baby boomers are going to send this amount into the stratosphere when they retire in a few years, and the fundamentals of the US just aren't looking very good right now. We are being overtaken by other countries in both manufacturing and technology (China + India). Our education system has been ruined by teachers unions and a complete lack of competition...Children in America are just plain STUPID compared to kids in the rest of the world. Our military is stretched to the breaking point trying to police two civil wars in the middle east, and the fed is still printing money like there is no tomorrow. The future for America isn't as bright as it used to be. Other countries are slowly realizing this, and dumping their dollars as fast as possible.

quote:

Originally posted by Capitalizt That's probably ONE reason why it's going down. I think the dollar is crashing simply because we've been the "reserve currency" of the world for so long that our government has taken it for granted...spent like mad, and basically wrecked the US financially. case in point...our current debt: The baby boomers are going to send this amount into the stratosphere when they retire in a few years, and the fundamentals of the US just aren't looking very good right now. We are being overtaken by other countries in both manufacturing and technology (China + India). Our education system has been ruined by teachers unions and a complete lack of competition...Children in America are just plain STUPID compared to kids in the rest of the world. Our military is stretched to the breaking point trying to police two civil wars in the middle east, and the fed is still printing money like there is no tomorrow. The future for America isn't as bright as it used to be. Other countries are slowly realizing this, and dumping their dollars as fast as possible.

We've exported our manufacturing to foreigners. Our educational system is purposefully sabotaged. Do you actually think these tyrants want their subjects educated, so they can question their dictatorship? NO. Why do you think college is increasingly harder and harder to get into with these skyrocketing tuition fees? In addition to that, high school drop out rates are 1 in 3!!Source

Re: Theory on the falling dollar (not good)

quote:

Originally posted by Krypton And what country would be safe to reside in to get away from this globalist agenda?

So move, no one's forcing you to stay.
No one's forcing high school dropouts not to go back to school and finish their education. It's not exactly hard. Getting an associates degree is also easy as there's always the option of going to a community college, which is cheap, an easy commute for those who chose this route, and the classes are a joke.
Getting into college can be done through scholarships or loans.
The reason why tuition is up at state universities is b/c the value of the dollar is decreasing, b/c each year more and more students vie for a slot at these colleges, and b/c a growing number of foreign students apply to study there. It sucks that college tuition is slowly but surely increasing, but hey take that up with your state government (Florida), not the US government.

There is some truth to what capitalizt wrote - this country is in debt, some serious debt.

The dollar is not as strong as it once was for obvious reasons - global competition. In the 70s outside of western Europe and Japan most of the world was far poorer then America. Then you had countries like Taiwan and South Korea join the ranks. A decade and a half ago east European countries joined the free market, and look at how successful things are in places like Slovenia, Estonia, and especially in the Czech Republic.
You've got the awakening of the Chinese, Russian, and Indian economies. You've got increasing competition from South American countries. Basically what you have is a levelling of the playing field, and you've got a lot of American multinational companies that have relocated many of their resources abroad b/c manpower is still cheaper there.

Things are much more complicated then simply blaming the US government. Maybe you should be crying foul to the Japanese who have a quota set on the amount of foreign cars that can be imported to that country, or maybe you should be crying foul to the some of the governments of Europe that are still very protectionist of their industries, much moreso then American businesses.

Furthermore, even with the state of the US dollar things are still in order, not in chaos, like they were in some South East Asian countries in 1997.

Look back to 1987 when the stock market crashed in this country. It was a bigger crash then the one faced in 1929 yet the country didn't go to shit. Why? B/c we have the Fed, and we have smart and capable individuals in such places who don't push the panic button every two seconds.

Re: Theory on the falling dollar (not good)

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Originally posted by Krypton That's my take, any thoughts.

you failed to mention or include in your theory increased liquidity in global markets and overall health of the Euro economy.

the dollar does not exist in a vacuum.

EDIT>

quote:

. I theorize that those who control the dollar are purposefully sabotaging the dollar's value

and who do you suppose is "controlling the dollar"?

Re: Re: Theory on the falling dollar (not good)

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Originally posted by CHRles or maybe you should be crying foul to the some of the governments of Europe that are still very protectionist of their industries, much moreso then American businesses.

so true.

Re: Re: Theory on the falling dollar (not good)

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Originally posted by CHRles So move, no one's forcing you to stay.

That wasn't the question. The question was what country is a safe-haven from international agendas.. You seem to think I hate this country. The very reason I'm so pissed off is because people at the top, the people you so dearly support, are fucking up my beloved country. I don't want an RFID implanted in my ass, I don't want to pay illegal income taxes, and I want no part in illegal wars of aggression. If have a problem with that, you can kiss my ass.

quote:

No one's forcing high school dropouts not to go back to school and finish their education. It's not exactly hard. Getting an associates degree is also easy as there's always the option of going to a community college, which is cheap, an easy commute for those who chose this route, and the classes are a joke. Getting into college can be done through scholarships or loans.

So you are defending our horrible education system?

Here's a snapshot of what is really happening to cause high drop out rates, which you seem to want to defend..
http://abcnews.go.com/2020/Stossel/story?id=1500338

If my country wants to increase productivity, education, improve lives, and ECONOMIC DEVELOPMENT, then they would subsidize post-secondary education as Europe does. Europe has either free, or very low-cost access to university and college education. Why can't we have the same structure? Scholarships and loans? Who the hells wants to write 10 essays hoping to get just one scholarship? What if you didn't get that 3.0 minimum in high school? It just isn't fair.

Compare Europe...
"Across Europe, post-secondary education has traditionally been free and accessible to all. In recent years, however, the trend towards implementing tuition fees has been gaining popularity among cash-strapped European universities.

Britain was the first to impose tuition fees, which, at �1,025 ($2,276 CAD) a year, are Europe's most expensive. Holland, although its universities charge fees equal to $2,131 CAD a year, gives all students annual loans which become grants when certain academic requirements are met.

Education is still free in Finland, Sweden and Denmark, while Spain, Portugal, Austria, Italy and France have recently introduced tuition fees ranging from �600 ($931 CAD) to �1,450 ($2,250 CAD) a year."

to America...
"As for American students, many of them will be facing huge hikes this year as well. Tuition fees increased by 14.1 per cent at public universities and by six per cent at private institutions this year."

http://gauntlet.ucalgary.ca/story/6986

Want more?

Locals paying for local education Why can't the federal government do this? Oh, because they spend 500 billion dollars fighting wars of aggression perhaps?

College Tuition Continues to Rise in U.S.

47% of American parents can't afford tuition

Instead of defending this shit, realize there is a problem. K?

quote:

The reason why tuition is up at state universities is b/c the value of the dollar is decreasing, b/c each year more and more students vie for a slot at these colleges, and b/c a growing number of foreign students apply to study there. It sucks that college tuition is slowly but surely increasing, but hey take that up with your state government (Florida), not the US government.

Provide at least one source so I can verify your first sentence.

And college tuition is not slowly increasing. You need to look at the stats...

"Bankrate, Inc. - today announced that according to a national poll commissioned by Bankrate, college costs are soaring, with the average tuition at a public four-year university increasing more than 35 percent in the last five years. Furthermore, 47 Percent of American parents surveyed cannot afford to put their children through college."
http://www.marketcapandgown.com/ind...ticle&aID=xgzmp

quote:

The dollar is not as strong as it once was for obvious reasons - global competition. In the 70s outside of western Europe and Japan most of the world was far poorer then America. Then you had countries like Taiwan and South Korea join the ranks. A decade and a half ago east European countries joined the free market, and look at how successful things are in places like Slovenia, Estonia, and especially in the Czech Republic. You've got the awakening of the Chinese, Russian, and Indian economies. You've got increasing competition from South American countries. Basically what you have is a levelling of the playing field, and you've got a lot of American multinational companies that have relocated many of their resources abroad b/c manpower is still cheaper there.

You place far..FAR..too much emphasis on foreign activity to explain the falling US dollar. The main catalysts are...

1. US trade deficit..$800billion in 2006 or 7% of economy.
2. US Federal Budget Deficit..$413billion..Used to finance wars in Iraq, Afghanistan and as Dick Cheney said, "Deficits don't matter." It's like the admin has the attitude that they have a credit card with an unlimited credit limit, they just keep spending...and spending...and spending like the energizer bunny. Who pays? You and me.
http://news.bbc.co.uk/2/hi/business/4772049.stm
http://www.npr.org/templates/story/...storyId=4186041

quote:

Things are much more complicated then simply blaming the US government. Maybe you should be crying foul to the Japanese who have a quota set on the amount of foreign cars that can be imported to that country, or maybe you should be crying foul to the some of the governments of Europe that are still very protectionist of their industries, much moreso then American businesses.

I was never talking about protectionism, so I ask you not to change the subject..

And I place blame where blame lies. The government is supposed to be in service to the people, but you seem to advocate that we the people are supposed to be sub-servant to the government. If that's your view, then one day, the government will fuck you over like they've done to millions of people.

quote:

Furthermore, even with the state of the US dollar things are still in order, not in chaos, like they were in some South East Asian countries in 1997.

So are you saying that past history is a guarantee of the future? Sorry, but a sophisticated investor knows the inherent principle that the past is never a guarantee of the future in economics. The deficits this country is running will come back to bite all of us in the ass one day, and if it continues, I will not be here to take the fall. Good luck with that one chief.

quote:

Look back to 1987 when the stock market crashed in this country. It was a bigger crash then the one faced in 1929 yet the country didn't go to shit. Why? B/c we have the Fed, and we have smart and capable individuals in such places who don't push the panic button every two seconds.

Are we talking about stock prices or dollar value? I'de like to stick to the subject at hand. Dollar value..

And if your point is that deficits don't matter, as Cheney believes, then I would say to you, at the moment, they don't. Why? Because we're living off debt.. The day our debts are called and we can't pay them because our dollar has gone to shit is the day that deficits will matter, even to neocons.

Re: Re: Re: Theory on the falling dollar (not good)

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Originally posted by Krypton That wasn't the question. The question was what country is a safe-haven from international agendas.. You seem to think I hate this country. The very reason I'm so pissed off is because people at the top, the people you so dearly support, are fucking up my beloved country. I don't want an RFID implanted in my ass, I don't want to pay illegal income taxes, and I want no part in illegal wars of aggression. If have a problem with that, you can kiss my ass.

The beauty of this country is that anytime the middle class is shrinking, or perceived to be getting shortchanged, we'll critize different insititutions in the hopes of change. This country acts much more swiftly (when compared to other countries) to try and correct its mistakes, or to come up with solutions.
Look at Brazil, it's been struggling for decades to increase the size of its middle class.
I don't have a problem with you bringing up the point that the dollar is weak, or that many US jobs are moving overseas. I have a problem with you immediately blaming the government.
Countries overseas seem to have no problem whatsoever with US companies exploiting overseas manpower, nor do most people in foreign countries. To those governments it means their people will have jobs, which means less pressure on those governments for reforms. US companies don't always want to do this, but feel they are compelled to in order to stay in business.
So again, is the US goernment really to blame? Or are there a multitude of countries that share in both the responsibility and blame?

BTW, I agree with you on the subject of education. The problem is that not everyone feels the same way we do about universal post-secondary education. That's why you'll find American students studying in countries like Germany where tuition costs are next to nothing, and yet the education is first rate.

quote:

I don't have a problem with you bringing up the point that the dollar is weak, or that many US jobs are moving overseas. I have a problem with you immediately blaming the government.

The point of my theory was to speculate on the possible motives to allow the continuing erosion of our dollar at the highest levels of power in this country. It was not to examine what's happening at the corporate level.

NAFTA is entirely beneficial to multinational corporations, so those who influence the government in the interest of profits, will deliberately drive our economy into the ground, so they can then push in the Amero, and NAFTA. Look at the deficits, the falling dollar, the unsecured border.

But we can certainly agree to disagree..

quote:

Originally posted by Krypton The point of my theory was to speculate on the possible motives to allow the continuing erosion of our dollar at the highest levels of power in this country. It was not to examine what's happening at the corporate level. NAFTA is entirely beneficial to multinational corporations, so those who influence the government in the interest of profits, will deliberately drive our economy into the ground, so they can then push in the Amero, and NAFTA. Look at the deficits, the falling dollar, the unsecured border. But we can certainly agree to disagree..

The problem is the rock and the hard place.

Intrest rates are the easy answer. Put them up and the debt laden public, corporate, and private sectors get squeezed with intrest payments causing a knock on drop in consumer spending. Put them down and the currency nose dives.

The fed has decided that inflation is less of a worry then slow down so the dollar is dropping.

quote:

Originally posted by Capitalizt

lol wtf? Wasn't it 6 trillion in the beginning of bush's first term?

Wow.

If they're actually intelligent and evil enough to come up with such a twisted little scheme, then I think it will be difficult to have hope for the future no matter what currency we use.

Join these protests, and you can make it clear to these guys that you are fully aware of their agenda, and that you are not just a brainwashed sheep..

http://en.wikipedia.org/wiki/List_o..._demonstrations

Noami Klein makes the general point of view against these guys pretty clear..

http://tranceaddict.com/forums/show...3&forumid=66&s=

quote:

Originally posted by Krypton Join these protests, and you can make it clear to these guys that you are fully aware of their agenda, and that you are not just a brainwashed sheep..

so if i join those guys i'm not sheep?

quote:

Originally posted by Q5echo so if i join those guys i'm not sheep?

The sheep are the people who live in the bubble of life. Work, eat, sex, sleep, repeat, with not a care in the world as to who is in control of the money supply. These guys are not just having these meetings to talk about the good ole days. There is an agenda. The sheep are those who are totally unaware of what is happening.

{{{:"For more than a century ideological extremists at either end of the the political spectrum have seized upon well-publicized incidents ... to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it."

- David Rockefeller, "Memoirs" autobiography (2002, Random House publishers), page 405}}}

http://en.wikipedia.org/wiki/Counci...piracy_theories

I think that's what this guy is saying, too...

Meanwhile, our dollar is kickin' ass and takin' names...

quote:

Loonie hits modern-day high above $1.06 US The Canadian dollar surged to a modern-day high against the U.S. dollar late Wednesday after the Federal Reserve cut interest rates again and oil prices surged to another all-time high. In after-hours trading, the loonie went as high as $1.0617 US, eclipsing the previous 50-year high of $1.0614 US set on August 21, 1957. That's the highest the Canadian dollar has climbed since it was allowed to float in 1950. You have to go back more than a century to find a time when the Canadian dollar was worth more. According to a history of the dollar posted on the Bank of Canada website, the U.S. dollar plunged in 1864 as the Confederate Army approached Washington during the U.S. Civil War and the Union government temporarily shut down gold trading. On July 11, 1864, the Canadian dollar was worth $2.78 US. Continue Article "This represents the all-time peak for the Canadian dollar in terms of its American counterpart," author James Powell wrote. But there is some question about whether the two currencies can be validly compared to each other at that time. The Bank of Canada web site only lists exchange data going back to 1950. It was just six weeks ago that the loonie reached parity with the U.S. dollar for the first time in 30 years. It's just kept climbing since. It's risen by 23 per cent against the U.S. dollar since the start of the year. The loonie's rise Wednesday was again due, in part, to another drop in the worldwide value of the U.S. dollar. Wednesday afternoon's Federal Reserve rate cut helped to drive down the greenback against most major currencies. It reached a record low against the euro. Also giving some support to the loonie Wednesday were rising oil prices, a relatively good August economic report for Canada, and the promise of $60 billion in tax cuts over the next five years outlined in Tuesday's economic statement. Oil hits new record high Canada's dollar is regarded as a commodity-driven currency that is closely tied to the fluctuations in the price of oil. So when the latest U.S. oil inventory figures showed an unexpected fall in supplies Wednesday, light sweet crude for December delivery surged more than $4 US to hit a record $94.45 US a barrel. Earlier Wednesday, Statistics Canada reported the Canadian economy grew by 0.2 per cent in August, topping the 0.1 per growth that had been projected by economists. Market watchers also said the corporate and personal tax cuts contained in Tuesday's economic statement were stimulative and therefore loonie-positive.

>>Source<<

loonie-positive?
That the new currency catch phrase these days?
How about, "Benjamin bombing?"
On second thought...

/not sure he enjoys journalists who try too hard....

I can't believe you actually call your currency the "loonie"...and have ducks on your coins.

crazy Canadians..

quote:

Originally posted by Fir3start3r Meanwhile, our dollar is kickin' ass and takin' names... >>Source<< loonie-positive? That the new currency catch phrase these days? How about, "Benjamin bombing?" On second thought... /not sure he enjoys journalists who try too hard....

That might even have something to do with the fact that you guys aren't running your printing presses at full throttle in order to pay for the War.

If we keep it up at the rate that we're going our fiat dollars won't even be worth a Continental.

http://historywired.si.edu/object.cfm?ID=437

quote:

Originally posted by Capitalizt I can't believe you actually call your currency the "loonie". crazy Canadians..

We have a 'toonie' as well...

I know what you're thinking...but what did you expect from us quirky Canucks?

Anyone that thinks the control of the US dollar is in the hands of a few powerful people really needs to go see a shrink

quote:

Originally posted by Trancer-X That might even have something to do with the fact that you guys aren't running your printing presses at full throttle in order to pay for the War. If we keep it up at the rate that we're going our fiat dollars won't even be worth a Continental. http://historywired.si.edu/object.cfm?ID=437

I stand by my American-Peso thread from earlier...

Wasn't the American dollar just taken off a market as a measure of value somewhere?
Might have been a few months ago...

quote:

Originally posted by pkcRAISTLIN Anyone that thinks the control of the US dollar is in the hands of a few powerful people really needs to go see a shrink

Um, it is. It's called banks and governments, run by a relatively few. Whether there is a conspiracy to control the US dollar is a topic of debate. I am not saying that it is so, but obviously, I have my questions and speculation.

quote:

Originally posted by Fir3start3r I stand by my American-Peso thread from earlier... Wasn't the American dollar just taken off a market as a measure of value somewhere? Might have been a few months ago...

I've heard from some pretty reliable sources that our world's major drug traffickers are using Euro's now as opposed to US Dollars. I think that it's because of the market and also because it's easier and more efficient to transport Euros. Seeing as how they count them by weighing them and that they come in both �200 and �500 denominations, they'd only need to ship a fraction of the paper that it would have taken in US Dollars.

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