Lounge For casual talk about things unrelated to General Motors. In other words, off-topic stuff. And anything else that does not fit Section Description.

american dollar?

Old 12-06-2004, 09:21 PM
  #1  
Senior Member
True Car Nut
Thread Starter
 
L27Buick's Avatar
 
Join Date: May 2003
Location: Grand Rapids, Mi
Posts: 3,244
Likes: 0
Received 0 Likes on 0 Posts
L27Buick is on a distinguished road
Default american dollar?

ive been hearing on the radio that the american isnt worth crap anymore. what does all this mean and how is it gonna hurt us?
Old 12-06-2004, 09:25 PM
  #2  
Senior Member
True Car Nut
 
Damemorder's Avatar
 
Join Date: Nov 2002
Location: Texarkana, Texas
Posts: 6,042
Likes: 0
Received 0 Likes on 0 Posts
Damemorder is on a distinguished road
Default

1 USD = 1.20148 CAD Seems cool?
Old 12-06-2004, 09:40 PM
  #3  
Senior Member
Expert Gearhead
 
Jim W's Avatar
 
Join Date: Dec 2002
Location: Mississauga, Ontario
Posts: 20,893
Likes: 0
Received 1 Like on 1 Post
Jim W is on a distinguished road
Default

Compare it to the British pound and the Euro, the US dollar is a bit devalued lately.
Old 12-06-2004, 09:43 PM
  #4  
Junior Member
 
Custom88's Avatar
 
Join Date: Aug 2002
Posts: 0
Likes: 0
Received 0 Likes on 0 Posts
Custom88 is on a distinguished road
Default Re: american dollar?

Originally Posted by L27Buick
ive been hearing on the radio that the american isnt worth crap anymore. what does all this mean and how is it gonna hurt us?
Isn't the wort of the American dollar going down so much because of how much debt our country has accumulated? This is the current amount of money the US national debt is to other countries.. 7,522,602,352,797.79 what a huge number, huh? When you have that much debt your money isn't worth crap anymore.
Old 12-06-2004, 09:44 PM
  #5  
Senior Member
True Car Nut
 
OLBlueEyesBonne's Avatar
 
Join Date: Dec 2002
Location: Sauk Centre, MN
Posts: 5,459
Likes: 0
Received 0 Likes on 0 Posts
OLBlueEyesBonne is on a distinguished road
Default

Originally Posted by Jim W
Compare it to the British pound and the Euro, the US dollar is a bit devalued lately.
I'd say morethan 'a bit.' More like 'a lot.' And no-one is paying for it more than the working blue-collar American. :(

At least my small stash of silver is going the opposite direction.
Old 12-06-2004, 09:53 PM
  #6  
Senior Member
True Car Nut
Thread Starter
 
L27Buick's Avatar
 
Join Date: May 2003
Location: Grand Rapids, Mi
Posts: 3,244
Likes: 0
Received 0 Likes on 0 Posts
L27Buick is on a distinguished road
Default

but will and how it hurt people like u and me?
Old 12-06-2004, 10:08 PM
  #7  
Senior Member
True Car Nut
 
Merlin 91/97's Avatar
 
Join Date: Dec 2002
Location: Halifax, Canada 91SSE / 97SSEi
Posts: 5,857
Likes: 0
Received 0 Likes on 0 Posts
Merlin 91/97 is on a distinguished road
Default

Just buy and sell in gold.... it'* always king

Or gold pressed latinium....
Old 12-06-2004, 10:14 PM
  #8  
Junior Member
 
2000SilverBullet's Avatar
 
Join Date: Jun 2002
Posts: 0
Likes: 0
Received 0 Likes on 0 Posts
2000SilverBullet is on a distinguished road
Default

It'* saving me a bundle in $$ exchange rates buying mod goodies. :P
Old 12-06-2004, 10:16 PM
  #9  
Junior Member
 
Custom88's Avatar
 
Join Date: Aug 2002
Posts: 0
Likes: 0
Received 0 Likes on 0 Posts
Custom88 is on a distinguished road
Default

Originally Posted by L27Buick
but will and how it hurt people like u and me?
Inflation meaning that prices will continue to rise on almost everything while jobs wont' pay much more.
Old 12-06-2004, 11:27 PM
  #10  
Senior Member
Certified Car Nut
 
BonneMeMN's Avatar
 
Join Date: Jun 2003
Posts: 15,928
Likes: 0
Received 1 Like on 1 Post
BonneMeMN is on a distinguished road
Default

Could call it a Market Correction.

Interest rates are going up as well. For good reasons.

Quick Reply: american dollar?



All times are GMT -4. The time now is 01:22 PM.