Don't Like a Weak Dollar? Might as Well Get Used to It Published: Thursday, 21 Apr 2011 | 2:26 PM ET Text Size By: Jeff Cox CNBC.com Staff Writer
Weakness in the US dollar, which is causing everything to go up—including gas prices, food and stocks—is unlikely to go away soon as a selling frenzy hits the currency market.
The greenback is approaching pre-financial crisis lows and threatening to smash through its all-time low when measured against the world's predominant national currencies.
A combination of factors accounts for the weakness, with the Federal Reserve's easy-money policies, huge national debts and deficits and the consequential possibility of a debt downgrade because of the financial mess in Washington leading the way...........................>>>>.................>>>>............http://www.cnbc.com/id/42703813
units/credits for your bread please. Gee, your credit score isn't quite high enough for this bread. There is 'your kind' over there. When you raise your score you can purchase the other bread. Have a nice day.
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
Anyone out there care to explain the contradiction of a weak $, rising oil prices and food prices, high unemployment. the 14 trillion debt, etc. versus why the stock mkt. continues to rise? Who has all these extra funds to invest when just day to day survival eats up all your discretionary cash. I understand alot has to do with this $600 billion input quantive easing plan that may be resp. for the mkts. rise. But can one feel this can be construed as a form of manipulation of the mkt? And to possibly instill a psych. confidence in us littl guys to follow the "smart $$$", thereby enhancing the mkt. interest that much more to more people. When you break it down that is really the basis for any successful financial system-confidence.
Anyone out there care to explain the contradiction of a weak $, rising oil prices and food prices, high unemployment. the 14 trillion debt, etc. versus why the stock mkt. continues to rise? Who has all these extra funds to invest when just day to day survival eats up all your discretionary cash. I understand alot has to do with this $600 billion input quantive easing plan that may be resp. for the mkts. rise. But can one feel this can be construed as a form of manipulation of the mkt? And to possibly instill a psych. confidence in us littl guys to follow the "smart $$$", thereby enhancing the mkt. interest that much more to more people. When you break it down that is really the basis for any successful financial system-confidence.
QE is set to end in June so they say. Some think we will see the market begin to drop yet again since everyone knows it's manipulation and confidence still isn't there. If it does begin to drop expect them to announce a QE3 or just an extention of QE2, even if they don't announce it you can be sure the FED will still be manipulating things, that is all they do.
"In the beginning of a change, the Patriot is a scarce man, brave, hated and scorned. When his cause succeeds, however, the timid join him, for then it costs nothing to be a Patriot."
Anyone out there care to explain the contradiction of a weak $, rising oil prices and food prices, high unemployment. the 14 trillion debt, etc. versus why the stock mkt. continues to rise? Who has all these extra funds to invest when just day to day survival eats up all your discretionary cash. I understand alot has to do with this $600 billion input quantive easing plan that may be resp. for the mkts. rise. But can one feel this can be construed as a form of manipulation of the mkt? And to possibly instill a psych. confidence in us littl guys to follow the "smart $$$", thereby enhancing the mkt. interest that much more to more people. When you break it down that is really the basis for any successful financial system-confidence.
the 'idea' is in controled trade with manufactured value.....your jobs/credit scores/home values etc......the system hasn't 'allowed' us discretionary 'cash'.....
barter vs. trade
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
I recently read in a coin collecting newspaper that came in our Email that the Gov't or Fed is propping up. supporting, and manipulating the mkt. Also they are in control of the silver mkt. as to not allow it to wildly swing up/down, but more in a slower graduated increase. Also had read in the past 4/5 wks. that Bernanke would rather see inflation than deflation as inflation is easier to manage/control. Your thoughts.
I watched most of it and couldn't understand alot of what he was saying. Then heard financial experts talking about the PC and they said they couldn't either : )
He did say the dollar is not that weak and that consumer spending is up and unemployment not as bad. But then he goes on to contradict that. It was very confusing.
Dollar Weakens, Treasuries Gain as U.S. GDP Growth Slows; Stocks Advance By Michael P. Regan and Cordell Eddings - Apr 28, 2011 4:22 PM ET
The Dollar Index, which tracks the U.S. currency against those of six major trading partners, fell for an eighth day, the longest stretch of losses since March 2009. Photographer: Tomohiro Ohsumi/Bloomberg
The Dollar Index slid to the lowest level since 2008, Treasuries rose and gold rallied to a record after economic growth slowed. The Standard & Poor’s 500 Index climbed an almost three-year high as rising earnings and takeovers overshadowed the report on gross domestic product.
The Dollar Index tumbled 0.6 percent at 4:10 p.m. New York time after slumping to 72.871, an almost three-year low. It declined for an eighth straight day, its longest slump since 2009. Ten-year Treasury yields lost five basis points to 3.31 percent, gold jumped as much as 1.4 percent to $1,538.80 an ounce and silver rose for a second day. The S&P 500 climbed 0.4 percent to 1,360.48 while the Russell 2000 Index of smaller U.S. stocks rallied to a record for a second straight day...............................>>>>...................>>>>..................http://www.bloomberg.com/news/.....cks-oil-advance.html
America and it's dollar was the 'Engine' of the world....it's streets paved in gold(black gold)....leaving the gold standard allowed for ALOT of trade control via all aspects of trade not just the production but the transport of such.....now we have new technology on a trading system (the internet) and with much different thing to trade(not physical but virtual).....who/how is that going to be controled....with our credit scores/health scores/real ID/taxes automatically collected(who needs income tax) etc etc......there is no need for the physical tracking/collecting/controling....however, liberties are lost to survive.....we can call the means of trading 'paper clips'...it wouldn't matter.......the new system is debit/credit/gift cards and xbox points/itunes credits etc etc......trade will change but at what expense....this is a shake down and there are lines being drawn in the sand....those that will survive are already on the government dole via welfare cards/food credits, it's second nature as it is with the youth of today and their apps/xbox credits etc.......I dont think the kids in middle school even know what cash is or how it dwindles or how it can be saved... there is not visual for that, everything is virtual.......
this isn't Bush/Obama/Clinton/Bush issue.....this is a giant global issue and it's coming like a Tsunami....are we ready for it? talk about a generational divide...this is almost like the evolution theory of man.....
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
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