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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
Up2Late (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 03:21 PM Original message |
What is the Down-side of a Weak Dollar? |
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hobbit709 (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 03:23 PM Response to Original message |
1. Consider that much of our food is imported |
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no_hypocrisy (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 03:23 PM Response to Original message |
2. Well, since we're importing almost everything from abroad (since we |
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Initech (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 03:24 PM Response to Original message |
3. Uh... downside? What's the upside? |
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sinkingfeeling (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 03:26 PM Response to Reply #3 |
5. Upside: businesses can sell their stuff cheaper in foreign markets. |
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Zywiec (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 03:32 PM Response to Reply #5 |
7. Several Advantages and Disadvantages |
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Up2Late (1000+ posts) Send PM | Profile | Ignore | Sat Sep-22-07 12:32 AM Response to Reply #7 |
18. Just as I suspected, all the Advantages go to the Corporations and affluent tourists... |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 04:08 PM Response to Reply #5 |
11. They could if we still made a whole lot to export |
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uppityperson (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 03:26 PM Response to Original message |
4. I can't afford as much, can't pay you for your stuff so you can't afford as much, etc |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 03:29 PM Response to Original message |
6. Discourages investment in our debt. |
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TreasonousBastard (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 04:08 PM Response to Reply #6 |
10. That's the big problem... |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 04:14 PM Response to Reply #10 |
13. I'm as socialist as the next sane person. |
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Lone_Star_Dem (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 04:11 PM Response to Reply #6 |
12. Correct. |
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LSK (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 04:21 PM Response to Reply #6 |
17. which in turn forces higher interest rates to attrack investors |
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pampango (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 03:36 PM Response to Original message |
8. Our exports are cheaper, while our imports are more expensive, |
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StrongBad (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 03:52 PM Response to Original message |
9. Weak dollar could be beneficial |
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truebrit71 (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 04:15 PM Response to Original message |
14. Imports cost more = higher prices for the comsumer |
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Lone_Star_Dem (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 04:16 PM Response to Original message |
15. The most immediate direct consumer concerns will be inflation |
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wiggs (1000+ posts) Send PM | Profile | Ignore | Fri Sep-21-07 04:17 PM Response to Original message |
16. Another disadvantage: your cash money in cd or bank is worth less over time. Another advantage: |
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