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8 Answers
- who WAS #1?Lv 76 years ago
I suspect that since "the dollar" (aka Federal Reserve NOTE, an instrument of debt) "floats" on the world market, commodity prices, like as in oil, silver, grain &etc, .....my opinion is that the other world currencies are doing worse than ours.
Would you buy into the DOW when it's darned near an all time high?
https://www.google.com/webhp?sourceid=chrome-insta...
This has been predicted, that between the crash of 2007/8 there would be a run-up before the ext crash, which will be worse than then and it is inevitable. We are in the "intermission" now, the run-up, to make everyone comfortable about going back into debt and feeling comfortable. But it's a lie. Prepare:
- Philip HLv 76 years ago
Currencies around the World are under stress, but what makes the US Dollar exceptional is the issue of TRUST.
The USA has never defaulted.
- Anonymous6 years ago
The dollar's rise has been based on the premise of the Fed raising rates.
- 6 years ago
Supply and demand determine value. We export dollars faster than Congress adds money to the economy by deficit spending. We are losing cash and increasing its value. That's called "deflation". If it gets bad enough, it's called "depression".
Tell Congress that we need to spend money fixing 75,000 bridges and putting millions back to work. We have to start rebuilding America before China eats our lunch.
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- Anonymous6 years ago
great economy. Someone wants the FED to raise the fund rate.
- Anonymous6 years ago
Because we no longer have BUSH destroying it!
Now SHUT UP AND GROW UP!