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trackfan (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 11:27 PM Original message |
Does a default mean the dollar is destroyed? |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 11:28 PM Response to Original message |
1. Since the USD is a reserve currency |
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Ghost Dog (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 04:35 AM Response to Reply #1 |
8. Yes. |
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dipsydoodle (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 05:12 AM Response to Reply #1 |
10. I recall the Australian Dollar being mentioned |
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msongs (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 11:34 PM Response to Original message |
2. it means our politicians' blood lust has driven us to bankruptcy nt |
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strategery blunder (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 11:38 PM Response to Original message |
3. Inflation can only destroy debt when wages are allowed to rise. |
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AndyTiedye (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 11:41 PM Response to Original message |
4. If It's Credit Card Debt or Other Variable-Rate Stuff, the Interest Rates on It Will Go Up. Way Up. |
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Fool Count (878 posts) Send PM | Profile | Ignore | Tue Jul-26-11 11:46 PM Response to Original message |
5. Dollar was already destroyed by irresponsible fiscal policy |
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Fearless (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 12:09 AM Response to Original message |
6. It would certainly devalue sharply... driving up gas prices might I add. |
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dipsydoodle (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 05:14 AM Response to Reply #6 |
11. driving up gas prices |
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Fearless (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 09:04 AM Response to Reply #11 |
14. It is by association. |
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abelenkpe (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 01:01 AM Response to Original message |
7. Tea partiers think it will strengthen the dollar |
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Capitalocracy (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 05:07 AM Response to Reply #7 |
9. Now I really am worried. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 05:35 AM Response to Original message |
12. No. The dollar would rally, imo. |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 07:44 AM Response to Reply #12 |
13. Where is your sarcasm thingie? |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 01:12 PM Response to Reply #13 |
15. Not sarcasm. |
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ozone_man (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 01:18 PM Response to Reply #15 |
16. Nice explanation. n/t |
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Name removed (0 posts) Send PM | Profile | Ignore | Wed Jul-27-11 01:23 PM Response to Original message |
17. Deleted message |
Fire1 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 01:25 PM Response to Original message |
18. Simply put, NO! n/t |
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Evasporque (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 01:32 PM Response to Original message |
19. the dollar is only as vaulable as long as people want to lend us dollars and invest in dollars. |
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RUMMYisFROSTED (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 01:43 PM Response to Reply #19 |
20. Close. |
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DU AdBot (1000+ posts) | Fri May 03rd 2024, 10:25 PM Response to Original message |
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