http://digg.com/business_finance/DOLLAR_VALUE_DROPPING
This video is to elaborate on my last video about the dollar and its value. If you have not seen the original video, here is a link:
http://www.youtube.com/watch?v=z6NfXk7Bvc8
If you are looking for the historical gold charts you can find them here:
http://www.kitco.com/
http://www.kitco.com/charts/
Channel: News & Politics Uploaded: April 11, 2008 at 6:10 pm Author:therealweeklynews
stamp your money with "abolish the federal reserve" the more people do it allows more public awareness
brandonkirk(Wednesday 26th of November 2008 02:35:10 PM)
We need to worry about deflation now, not inflation.
sean2015(Monday 24th of November 2008 05:54:16 PM)
That's bologna. The primary determinant of the dollar's strength is the trade deficit, which Bush has allowed to get way out of hand (and then he went and tried to blame the dollar's decline on the Chinese). The value of the dollar peaked in late 2000 and then suddenly it started dropping the same month Bush became president.
This is just another example of how this president has flushed this economy straight down the crapper.
The value of the dollar can be controlled despite the effects of trade. Putting the burden of blame on Bush is only a fraction of the problem. Maybe what this video is missing is "How money is made." The government might be spending too much, but it doesn't help when assholes like Greenspan and Bernanke continue to print money on debt that is already inflationary. Brush up on your history, and you will see that Clinton deserves an equal amount of blame for this fiasco.
sean2015(Wednesday 26th of November 2008 09:16:09 AM)
There are other factors that have an effect on the dollar's value, but those too, are not in our favor right now. Since the economy is so weak, the Fed has been forced to either cut interest rates or leave them unchanged. This weakens the dollar. Bernanke is a bumbling, incompetent fool who has turned out to be one of the worst appointments Bush has made during his entire presidency.
Yes I'm afraid it is Bush's fault, and you're being blatantly partisan by defending him.
KradSoba(Sunday 30th of November 2008 08:01:47 AM)
Tell me this,what is the point in having money at all? Why have money? I prefer the barter system...if someone has something you want,and lets say you're a carpenter,and they want something built,then you build them that,
in for an equal amount of what you want...
everything is equal,and there would be no need for money,but then the government would have no power of the people.I believe a revolution is needed,otherwise more will die for the governments power...
If you have a mortgage debt and no savings inflation can work in your favor, assuming you can acquire more dollars with less work, and assuming you don't loose your house while things adjust.
r3dredwine(Thursday 20th of November 2008 08:40:26 AM)
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!
Send To Congress Share With Everyone
