This forum was opened in 2007 and after nearly 16 years needs to be retired. The forum software is long out of date and has become progressively harder to patch in order to run on newer hosting software. I have done what I can to get the forum up in a read-only view, but posting will remain broken. A few old members still hang out on Discord if you'd like to stop by to say hello.
Thanks for the memories. -Lhurgoyf
 |
U.S. dollar declining, Questions |
 |
11-14-2007, 09:27 PM
|
#1
|
|
Super Moderator
Sc0rPi0n is
Offline
Join Date: Aug 2006
Posts: 997
|
U.S. dollar declining, Questions
Why is it declining, I plan on going traveling this summer and I am afraid my money won't get me where I want it to. Will it be up by the summer? Anyone who travels can give me some idea of what I can expect? Thanks
|
|
|
|
|
11-14-2007, 09:59 PM
|
#2
|
|
For SPARTA!
KhaOZ is
Offline
Join Date: Aug 2006
Location: Cheyenne, WY
Posts: 2,147,483,836
|
Quote:
|
Originally Posted by Sc0rPi0n
Why is it declining, I plan on going traveling this summer and I am afraid my money won't get me where I want it to. Will it be up by the summer? Anyone who travels can give me some idea of what I can expect? Thanks
|
News channels have been prediction a depression, recession of some sort. They all have different opinions on how severe it will be though. China has been threatening to pull out from under the US Dollar though, which would ruin us. There's a lot more to this than what I'm saying, but if you read up on it all, you'll see what I mean. It's too hard to say what's going to happen, but most agree, something bad/worse than what we're at now, is on the horizon. |
|
|
|
|
11-14-2007, 10:15 PM
|
#3
|
|
Super Moderator
Sc0rPi0n is
Offline
Join Date: Aug 2006
Posts: 997
|
I don't understand how they gauge currency value. Why has the dollar dropped? How do you fix it?
|
|
|
|
|
11-14-2007, 10:49 PM
|
#4
|
|
ƒ¯ƒ¥ƒ°ƒ°,,L
lhurgoyf is
Offline
Join Date: Aug 2006
Location: RTP
Posts: 606
|
you make the value stop going down by not printing as much... US dollar is not backed by anything which encourages our habbit of printing more money when we need it.
__________________
I killed a warlock once, then credits started rolling and it said "Congratulations, you have beat World of Warcraft!" And then I died from Dots.
|
|
|
|
|
11-15-2007, 02:37 AM
|
#5
|
|
Forum Nazi
IceBlade is
Offline
Join Date: Aug 2006
Location: Calgary
Posts: 3,559
|
Which in the end causes severe inflation. Printing more money eventually makes your dollar worthless and next thing you know a loaf of bread costs $100. What's that called? Hyper-inflation? I learnt something about it in economics.
|
|
|
|
|
11-15-2007, 11:39 AM
|
#6
|
|
For SPARTA!
KhaOZ is
Offline
Join Date: Aug 2006
Location: Cheyenne, WY
Posts: 2,147,483,836
|
Could put your money into Canadian Dollars, since their money is worth more than ours.
|
|
|
|
|
11-15-2007, 12:30 PM
|
#7
|
|
Call of Duty Staff
eighteesix / Killya is
Offline
Join Date: Aug 2006
Posts: 329
|
our current economy grew past our bullion reserves (the gold bars that backed our currency) decades ago. thanks ww2
|
|
|
|
|
11-15-2007, 01:27 PM
|
#8
|
|
For SPARTA!
KhaOZ is
Offline
Join Date: Aug 2006
Location: Cheyenne, WY
Posts: 2,147,483,836
|
Yeah, spending $1,200,000,000,000(1.2 Trillion) on the Iraq war hasn't helped it much either.
|
|
|
|
|
11-15-2007, 05:34 PM
|
#9
|
|
Halo 3 Staff
NvizioN is
Offline
Join Date: Sep 2007
Location: Utah
Posts: 218
|
gg dollaz.
:(.
i'm moving to canada.
|
|
|
|
|
11-16-2007, 12:24 AM
|
#10
|
|
Forum Nazi
IceBlade is
Offline
Join Date: Aug 2006
Location: Calgary
Posts: 3,559
|
Our dollars are around the same right now.
|
|
|
|
| Thread Tools |
Search this Thread |
|
|
|
| Display Modes |
 Hybrid Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
All times are GMT -4. The time now is 07:30 AM. |
|
| |
eighteesix / Killya
