What the hell is up with the American Dollar? - GoFuckYourself.com

NoWhErE · 06-20-2007, 11:27 AM

Holy shit, I knew the dollar was going down, but today I go to transfer Paypal funds to my bank account and they are giving me 1.03$... thats total shit! Soon the dollar will be on-par!!

There go my days of having a bonus from getting paid in American Dollars

Jimmy Rock · 06-20-2007, 11:30 AM

Ha at least your getting it that way, My girlfriend is in Germany right now modeling and everytime she takes 100 Euros out of the ATM they take out 148 dollars US, our dollar isn't worth shit right now

Jimmy Rock · 06-20-2007, 11:31 AM

Ha at least your getting it that way, My girlfriend is in Germany right now modeling and everytime she takes 100 Euros out of the ATM they take out 148 dollars US, our dollar isn't worth shit right now

ADL Colin · 06-20-2007, 11:34 AM

Money supply, interest rates, current account, speculation. Take your pick.

NoWhErE · 06-20-2007, 12:43 PM

Quote:

Originally Posted by Jimmy Rock

Ha at least your getting it that way, My girlfriend is in Germany right now modeling and everytime she takes 100 Euros out of the ATM they take out 148 dollars US, our dollar isn't worth shit right now

Ouch thats pretty steep!

_Richard_ · 06-20-2007, 12:48 PM

there is talk about lowering the worth of the cdn dollar isn't there?

tranza · 06-20-2007, 12:49 PM

I hear you..... I couldn't be more sad about this too....

Pipecrew · 06-20-2007, 12:50 PM

4 years ago it was 1.60 this 1.03 is disgusting.

NoWhErE · 06-20-2007, 12:55 PM

Its fucking ridiculous! On the other hand, it might be a good time to exchange your CAD money for USD and wait for it to go up. But don't take my work on it since I don't know shit about foreign currency

LadyMischief · 06-20-2007, 01:05 PM

The dollar sucks

cool1 · 06-20-2007, 01:11 PM

ya it has been bad for the last couple of years

Dollarmansteve · 06-20-2007, 01:15 PM

American monetary policy shifted away from a 'strong dollar' stance a loooong time ago (more than 5 yrs ago), this is the unwinding of about 25 years worth of that strong dollar policy. Just take a peek at the US current account deifict, and the accumulated current account debt.. and it begins to make sense.

The Duck · 06-20-2007, 01:21 PM

I hear you, the dollar is fucking up my economy. Really bad exchange rates.

fluffygrrl · 06-20-2007, 01:26 PM

Quote:

Originally Posted by Dollarmansteve

American monetary policy shifted away from a 'strong dollar' stance a loooong time ago (more than 5 yrs ago)

About the time the US started their slow decline into irrelevancy.

BradM · 06-20-2007, 01:34 PM

Snake Doctor · 06-20-2007, 01:39 PM

The dollar being down against other currencies combined with benign inflation in the states is VERY VERY good for the U.S. consumer and overall economy.

darling2 · 06-20-2007, 01:47 PM

I'm really hurt by the exchange rate. I hope when the warmongering is over with that the dollar will be strong again.

p1mpdogg · 06-20-2007, 01:49 PM

its funny to see how much people really rely on america and still talk shit aobut us..

morons

every country that isnt USA is a 3rd world country IMO

Subtle · 06-20-2007, 01:51 PM

How true! Is USA economy going down???

darling2 · 06-20-2007, 01:55 PM

Quote:

Originally Posted by p1mpdogg

its funny to see how much people really rely on america and still talk shit aobut us..

morons

every country that isnt USA is a 3rd world country IMO

how many countries have you been to?

ADL Colin · 06-20-2007, 01:57 PM

Quote:

Originally Posted by Subtle

How true! Is USA economy going down???

No, the dollar is going down.

baddog · 06-20-2007, 01:58 PM

hmmm . . . I still get $1 for mine.

darling2 · 06-20-2007, 02:00 PM

Quote:

Originally Posted by baddog

hmmm . . . I still get $1 for mine.

But your french wine, imported cars and chinese consumer goods will be getting more expensive for you.

Andiz · 06-20-2007, 02:02 PM

Quote:

Originally Posted by p1mpdogg

its funny to see how much people really rely on america and still talk shit aobut us..

morons

every country that isnt USA is a 3rd world country IMO

You guys run on the money from other countries....

Phoenix · 06-20-2007, 02:02 PM

sucks bigtime

Snake Doctor · 06-20-2007, 02:14 PM

Quote:

Originally Posted by darling2

But your french wine, imported cars and chinese consumer goods will be getting more expensive for you.

Right, which means that California wine, Detroit cars, and American made consumer goods will be cheaper for us.

Sure it sucks for people who live in Canada and the EU who make most of their money from American companies, but for American companies and consumers this is good news.

darling2 · 06-20-2007, 02:25 PM

Quote:

Originally Posted by Lenny2

Right, which means that California wine, Detroit cars, and American made consumer goods will be cheaper for us.

Sure it sucks for people who live in Canada and the EU who make most of their money from American companies, but for American companies and consumers this is good news.

Nope, actually they will get more expensive as well in $ amounts that is because when demand for domestic good increases the price increases as well.

(even though they will be relatively cheaper than the imported stuff)

darling2 · 06-20-2007, 02:29 PM

... Sure it is better for domestic manufacturers, but American consumers pay for it in the end through higher inflation.

sacX · 06-20-2007, 02:35 PM

Quote:

Originally Posted by Lenny2

Right, which means that California wine, Detroit cars, and American made consumer goods will be cheaper for us.

Sure it sucks for people who live in Canada and the EU who make most of their money from American companies, but for American companies and consumers this is good news.

No, it means Californian wine and Detroit cars will be cheaper for foreigners.

fluffygrrl · 06-20-2007, 02:45 PM

Quote:

Originally Posted by Lenny2

Sure it sucks for people who live in Canada and the EU who make most of their money from American companies, but for American companies and consumers this is good news.

As an exercise, name ONE american company.

sacX · 06-20-2007, 02:48 PM

Quote:

Originally Posted by fluffygrrl

As an exercise, name ONE american company.

well it's good for companies that earn the bullk of their earnings overseas, companies like Proctor and Gamble, GE, MSFT, Google.

baddog · 06-20-2007, 02:53 PM

Quote:

Originally Posted by darling2

But your french wine, imported cars and chinese consumer goods will be getting more expensive for you.

California wines are perfect, I would never buy French. I drive American cars and bikes. I don't recall the last time I bought something made in China

ZoneMaster · 06-20-2007, 02:57 PM

Quote:

Originally Posted by Lenny2

Right, which means that California wine, Detroit cars, and American made consumer goods will be cheaper for us.

Sure it sucks for people who live in Canada and the EU who make most of their money from American companies, but for American companies and consumers this is good news.

Why would goods manufactured/assembled in the US be cheaper?? The only advantage in that is it prob helps keep unemployment stats down, tho at higher labor cost. Example.. the car industry relies on imported raw material - paid for at high cost by low value dollars. If there were cars actually being exported, that would be another story - but it's not the case. The balance of trade has been running at a deficit for decades.

Andiz · 06-20-2007, 03:30 PM

Quote:

Originally Posted by baddog

California wines are perfect, I would never buy French. I drive American cars and bikes. I don't recall the last time I bought something made in China

Quote of the day......!

stev0 · 06-20-2007, 03:36 PM

Quote:

Originally Posted by p1mpdogg

its funny to see how much people really rely on america and still talk shit aobut us..

morons

every country that isnt USA is a 3rd world country IMO

Don't travel much eh?

stev0 · 06-20-2007, 03:40 PM

Quote:

Originally Posted by Lenny2

The dollar being down against other currencies combined with benign inflation in the states is VERY VERY good for the U.S. consumer and overall economy.

Simple economics, inflation will go up... The US economy relies on products from other countries, if your dollar is worth less then you'll be paying more.

Nicky · 06-20-2007, 05:01 PM

I get 30% less for the US $ now than I did 3 years ago

woj · 06-20-2007, 05:05 PM

Quote:

Originally Posted by fluffygrrl

About the time the US started their slow decline into irrelevancy.

We are all in the same boat, if US sinks, so will everyone else...

Dvae · 06-20-2007, 05:06 PM

Quote:

Originally Posted by NoWhErE

Holy shit, I knew the dollar was going down, but today I go to transfer Paypal funds to my bank account and they are giving me 1.03$... thats total shit! Soon the dollar will be on-par!!

There go my days of having a bonus from getting paid in American Dollars

Speaking of wine, grab a hunk of cheese to go along with it.
Jeese, get over it!

Jman · 06-20-2007, 05:43 PM

Quote:

Originally Posted by p1mpdogg

its funny to see how much people really rely on america and still talk shit aobut us..

morons

every country that isnt USA is a 3rd world country IMO

So Canada, UK and China are 3rd world countries....

Can you say Morons again, it makes me smile when you say it Trey

wdforty · 06-20-2007, 05:50 PM

Same story in Australia.. one AUD buys US 84 cents. I remember when it used to be around the 65 cent mark

tehHinjew · 06-20-2007, 07:17 PM

i went to the bank to deposit a TCG check today and my heart cried a little bit..
good thing i opend up a US account so it just sits there

Drake · 06-20-2007, 07:23 PM

For how long will it stay this way :-(

Who wants to travel to Europe if it's going to cost 50% extra for everything you buy.

SPACE GLIDER · 06-20-2007, 07:29 PM

Quote:

Originally Posted by Mike33

For how long will it stay this way :-(

Who wants to travel to Europe if it's going to cost 50% extra for everything you buy.

THANK YOU

Jaeger · 06-20-2007, 08:16 PM

Quote:

Originally Posted by wdforty

Same story in Australia.. one AUD buys US 84 cents. I remember when it used to be around the 65 cent mark

Dude im from Australia, and i got in this so long ago that i remember when it was around the 58 mark, that was about 4-5 years ago.

Now my bank is giving me 86 cents

Combined with less and less sales and such a fucked up exchange im beginning to think this isnt worth it..

By the way, we should get paid in euros that would stop the USD problem!

wdforty · 06-20-2007, 08:21 PM

Quote:

Originally Posted by Jaeger

By the way, we should get paid in euros that would stop the USD problem!

That'd be nice!

ZoneMaster · 06-20-2007, 08:24 PM

Quote:

Originally Posted by Jaeger

By the way, we should get paid in euros that would stop the USD problem!

That will come to pass

Snake Doctor · 06-20-2007, 09:25 PM

Boy there are some real morons here (like that's shocking or something)

No way I can reply to each idiotic post individually, so I'll just say this.

Inflation in the U.S. is next to nothing, the cost of the average basket of goods for the U.S. consumer hasn't changed, so why should we give a flying fuck how many dollars equals a euro?

IF we have an inflation problem then the U.S. consumer should worry about a "weak dollar", otherwise it doesn't matter to us.

If the dollar is weak against other currencies it means that U.S. produced goods are cheaper for foreigners to buy AND it means that those same goods are cheaper (relatively speaking) for U.S. consumers to buy.
All of that IS GOOD NEWS for the average American.

ZoneMaster · 06-20-2007, 09:40 PM

Quote:

Originally Posted by Lenny2

Inflation in the U.S. is next to nothing, the cost of the average basket of goods for the U.S. consumer hasn't changed, so why should we give a flying fuck how many dollars equals a euro?

So magically a weak dollar trying to purchase imported product from China, Japan and the EU has no effect whatsoever on the average US person? That's a unique concept.

Quote:

Originally Posted by Lenny2

IF we have an inflation problem then the U.S. consumer should worry about a "weak dollar", otherwise it doesn't matter to us.

Inflation and a weak dollar are totally different subjects. Keeping to the thread subject - a weak dollar means more purchasing cost on imported product. Trust me - Wallmart know this well.

Quote:

Originally Posted by Lenny2

If the dollar is weak against other currencies it means that U.S. produced goods are cheaper for foreigners to buy AND it means that those same goods are cheaper (relatively speaking) for U.S. consumers to buy.
All of that IS GOOD NEWS for the average American.

Correct - it's fair to say a weak dollar should encourage an increase in exports. However, that is not happening in practice and the trade deficit has been a total failure for decades.

The basic problem, with exceptions, is that US consumption level far exceeds the ability to manufacture/export at competitive prices and this has been the case for roughly three decades. To support current consumption loans are being granted from other nations with China being the main lender of roughly 30% of loans.

jonesonyou · 06-20-2007, 09:44 PM

the fall of the empire.

06-20-2007, 11:27 AM	#1
NoWhErE Too lazy to set a custom title Industry Role: Join Date: Sep 2005 Location: Canada Posts: 10,377	What the hell is up with the American Dollar? Holy shit, I knew the dollar was going down, but today I go to transfer Paypal funds to my bank account and they are giving me 1.03$... thats total shit! Soon the dollar will be on-par!! There go my days of having a bonus from getting paid in American Dollars __________________ skype: lordofthecameltoe

06-20-2007, 11:30 AM	#2
Jimmy Rock Confirmed User Join Date: Feb 2005 Location: West Hollywood Posts: 3,055	Ha at least your getting it that way, My girlfriend is in Germany right now modeling and everytime she takes 100 Euros out of the ATM they take out 148 dollars US, our dollar isn't worth shit right now __________________ Jimmy Rock \| ICQ: 285 748 329 [email protected]

06-20-2007, 11:31 AM	#3
Jimmy Rock Confirmed User Join Date: Feb 2005 Location: West Hollywood Posts: 3,055	Ha at least your getting it that way, My girlfriend is in Germany right now modeling and everytime she takes 100 Euros out of the ATM they take out 148 dollars US, our dollar isn't worth shit right now __________________ Jimmy Rock \| ICQ: 285 748 329 [email protected]

06-20-2007, 11:34 AM	#4
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Money supply, interest rates, current account, speculation. Take your pick. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

06-20-2007, 12:49 PM	#7
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	I hear you..... I couldn't be more sad about this too.... __________________ I'm just a newbie.

06-20-2007, 12:48 PM	#6
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Earth Posts: 30,989	there is talk about lowering the worth of the cdn dollar isn't there?

06-20-2007, 12:50 PM	#8
Pipecrew Master of Gfy.com Industry Role: Join Date: Feb 2002 Posts: 14,887	4 years ago it was 1.60 this 1.03 is disgusting.

06-20-2007, 12:55 PM	#9
NoWhErE Too lazy to set a custom title Industry Role: Join Date: Sep 2005 Location: Canada Posts: 10,377	Its fucking ridiculous! On the other hand, it might be a good time to exchange your CAD money for USD and wait for it to go up. But don't take my work on it since I don't know shit about foreign currency __________________ skype: lordofthecameltoe

06-20-2007, 01:05 PM	#10
LadyMischief Orgasms N Such! Industry Role: Join Date: Sep 2002 Location: Oakville, Ontario Posts: 18,135	The dollar sucks __________________ ICQ 3522039 Content Manager - orgasm.com [email protected]

06-20-2007, 01:11 PM	#11
cool1 sex is good Join Date: Sep 2001 Location: Carman, MB Canada Posts: 24,939	ya it has been bad for the last couple of years __________________

06-20-2007, 01:15 PM	#12
Dollarmansteve Confirmed User Join Date: May 2005 Location: T.O. Posts: 2,849	American monetary policy shifted away from a 'strong dollar' stance a loooong time ago (more than 5 yrs ago), this is the unwinding of about 25 years worth of that strong dollar policy. Just take a peek at the US current account deifict, and the accumulated current account debt.. and it begins to make sense. __________________ I died.

06-20-2007, 01:21 PM	#13
The Duck Adult Content Provider Industry Role: Join Date: May 2005 Location: Europe Posts: 18,243	I hear you, the dollar is fucking up my economy. Really bad exchange rates. __________________ Skype Horusmaia ICQ 41555245 Email [email protected]

06-20-2007, 01:34 PM	#15
BradM Confirmed User Join Date: Dec 2003 Location: 1123,6536,5231 Posts: 3,397

06-20-2007, 01:39 PM	#16
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	The dollar being down against other currencies combined with benign inflation in the states is VERY VERY good for the U.S. consumer and overall economy.

06-20-2007, 01:47 PM	#17
darling2 Confirmed User Join Date: Jul 2006 Posts: 345	I'm really hurt by the exchange rate. I hope when the warmongering is over with that the dollar will be strong again.

06-20-2007, 01:49 PM	#18
p1mpdogg Too lazy to set a custom title Join Date: Nov 2002 Posts: 16,714	its funny to see how much people really rely on america and still talk shit aobut us.. morons every country that isnt USA is a 3rd world country IMO __________________ A fast fortune is easy to earn! Just go with a winner!

06-20-2007, 01:51 PM	#19
Subtle Confirmed User Join Date: Jun 2007 Posts: 2,005	How true! Is USA economy going down??? __________________ ----- Blog Themes for $49 ----- ------ INSTANT DELIVERY ------

06-20-2007, 01:58 PM	#22
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	hmmm . . . I still get $1 for mine.

06-20-2007, 02:02 PM	#25
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	sucks bigtime __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

06-20-2007, 02:29 PM	#28
darling2 Confirmed User Join Date: Jul 2006 Posts: 345	... Sure it is better for domestic manufacturers, but American consumers pay for it in the end through higher inflation.

06-20-2007, 05:01 PM	#37
Nicky Confirmed User Industry Role: Join Date: Mar 2003 Location: Sweden Posts: 30,069	I get 30% less for the US $ now than I did 3 years ago __________________ gfynicky @ gmail.com

06-20-2007, 05:50 PM	#41
wdforty Confirmed User Industry Role: Join Date: Aug 2004 Posts: 1,824	Same story in Australia.. one AUD buys US 84 cents. I remember when it used to be around the 65 cent mark __________________ icq 157542142

06-20-2007, 07:17 PM	#42
tehHinjew Confirmed User Join Date: Sep 2006 Location: MTL Posts: 5,755	i went to the bank to deposit a TCG check today and my heart cried a little bit.. good thing i opend up a US account so it just sits there __________________ Hot Porn Wanna trade? email me at wanker (@) wanknation dot com

06-20-2007, 07:23 PM	#43
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	For how long will it stay this way :-( Who wants to travel to Europe if it's going to cost 50% extra for everything you buy.

06-20-2007, 09:25 PM	#48
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	Boy there are some real morons here (like that's shocking or something) No way I can reply to each idiotic post individually, so I'll just say this. Inflation in the U.S. is next to nothing, the cost of the average basket of goods for the U.S. consumer hasn't changed, so why should we give a flying fuck how many dollars equals a euro? IF we have an inflation problem then the U.S. consumer should worry about a "weak dollar", otherwise it doesn't matter to us. If the dollar is weak against other currencies it means that U.S. produced goods are cheaper for foreigners to buy AND it means that those same goods are cheaper (relatively speaking) for U.S. consumers to buy. All of that IS GOOD NEWS for the average American.

06-20-2007, 09:44 PM	#50
jonesonyou Confirmed User Join Date: Sep 2003 Location: Lincoln, NE Posts: 3,853	the fall of the empire. __________________ Completely Real Amateur girls doing awesome things! Signup to promote Nebraskacoeds Today! Hit me up on ICQ/AIM 473324556/jasonnecoeds for exclusive content to promote with! And any ?'s