Man you Americans really screwed up this time

PR you actually have such a fantastic quote in your profile.

 

I just read an article about yuans, it's the fastest growing currency in the world right now. On april 10th the US Times said that the yuan may reach 6.5 Y to 1 USD by the end of the year.... Its been 6 weeks and it's already reached 6.9!!!!!!



And this civilazation will collapse just like all the one's before us. They all had problems, rich and poor, greedy and needy, instability, deceptions, etc.


Only time will tell when the west will fall, until then, lay back and enjoy your life!!!

 

So, does that mean the USD is still stronger?

 

It’s called tongue n’ cheek (with apparently just enough truth to entice you out of your subterranean lair)


Hotwater

 

Yeah, China is booming.

Won't be booming too much once the US can't afford to import random materialistic shit though.



Ehh... who knows, maybe the decline of American imperialism will actually shift the political focus towards stuff like healthcare, education, and social liberalism...

Who knows...

Anyhow... many of us seem to agree... lay back and enjoy your damn life.

 

not really. not necessarily. a lot of things to take into consideration to determine whether a currency is stronger than simply the direct value of one currency in another currency. for example, you have to consider what you can buy with the equivalent amount of money.

for example, 30 thai baht is roughly one dollar, CA/AU/US. but with thirty baht, I can buy a litre of beer in a 7-11. know wha'm sayin'?

 

Why can you do that then?

 

I'm not really sure what you're asking. every country's economy is different; in Thailand for example, what you can buy with the equivalent of $10 is far greater than what you can get with the equivalent amount of money in, say, England or the US. on the other hand, people don't make the same amount of money. I earn about $28 an hour, and that's pretty average. in return, things are far more expensive here. a thai worker might earn 10,000baht per month, but it's cool, because things are cheaper there.

and when a currency grows stronger, it is because of international economic changes, which means you can get more of any other currency for the same amount of your own money.
this also explains the recent rise in gas prices in the US. oil is sold in US dollars, but when the dollar gets weaker, and every other nation in the world can pay the same equivalent amount of money for the same amount of oil, the dollar price increases, and while the gas prices are increasing everywhere, it is far more dramatic in the US.
does that make sense?

 

50,000,000 Zimbabwe dollars equals about one US dollar. At least we dont have that high of inflation, and I wouldnt say that the United States has failed as a Democracy.

I want to see it all truly fall apart. I think something else has to happen. Maybe all that 2012 stuff, I don't know, but, like what is it? we're all going to be wearing rags, starving in lines on the street for soup made out of a garbage can or what?

 

Yes but, why dont we just lower prices of things here? Than we could afford more.

 

yeah, but if you lower prices you also have to lower salaries.

allright, so basically, it's all about credit. credit = value. an easy example to use is USD vs GBP. let's say USD is 50 credits, and GBP is roughly twice the value of USD, so they are 100 credits. how many credits a currency is worth depends on a lot of things, but basically the wealth of the currency's nation and the amount of that currency in circulation determines the value of the currency. so if the US has a gold (credit) value of 5000 billion and the UK has a value of 2500 billion, but the US has 500 billion dollars printed up and the UK only has, um, 125 billion pounds printed, the value per pound in circulation is greater than the value of each dollar in circulation because the pound has more gold backing it up on a pound-by-pound basis.

during world war 2, the germans tried a quick fix of printing up loads of money. this lead to a massive devaluation of their mark (their currency) and anyone who was already rich was suddenly poor. far less gold to back up each individual mark. today, the US are printing up loads of money, which in part explains why the dollar is dropping. more printed money, but the credit value of the US, the gold to back each dollar, remains the same.

simply lowering the prices of things would be a quick fix akin to printing up more money. cause and effect. if you lower prices, you have to lower salaries. or you could print more money and pay people more, but prices would skyrocket (you had to pay millions of mark for groceries in Germany at one point)

 

Couldnt we just print money and keep it a secret IT would be so easy.

 

I don't know how easy it would be, but I'm sure it's a whole topic of its own and we've already derailed this thread enough with boring laymen's economics

 

Put two and two together people. It's obvious.

 

What is the train thing supposed to be?

 

http://thepowerhour.com/news2/ftct.htm

 

Man... imagine a camera talking to you...


While you're high man.

Man....

 

ooh, thats scary.

 

" It was this fact that brought me to a new reality. A new found fear of trains."

This is a priceless quote.



The NWO sure are an evil batch...

 

They already have them in England.

https://www.youtube.com/watch?v=a4DfbFiKMOo