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american dollar?

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Old Dec 6, 2004 | 09:21 PM
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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?
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Old Dec 6, 2004 | 09:25 PM
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1 USD = 1.20148 CAD Seems cool?
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Old Dec 6, 2004 | 09:40 PM
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Compare it to the British pound and the Euro, the US dollar is a bit devalued lately.
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Old Dec 6, 2004 | 09:43 PM
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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.
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Old Dec 6, 2004 | 09:44 PM
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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.
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Old Dec 6, 2004 | 09:53 PM
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but will and how it hurt people like u and me?
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Old Dec 6, 2004 | 10:08 PM
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Just buy and sell in gold.... it'* always king

Or gold pressed latinium....
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Old Dec 6, 2004 | 10:14 PM
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It'* saving me a bundle in $$ exchange rates buying mod goodies. :P
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Old Dec 6, 2004 | 10:16 PM
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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.
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Old Dec 6, 2004 | 11:27 PM
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Could call it a Market Correction.

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