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The US Dollar

Posted on 2/15/14 at 3:10 pm
Posted by TOKEN
Member since Feb 2014
11990 posts
Posted on 2/15/14 at 3:10 pm
Is it more beneficial for the US to have a strong dollar policy or a weaker dollar in this global economy? It seems our policy is to continue keeping rates low and printing more money. The problem is other countries are driving their currencies down similarly to the US. We benefit by cheaper products and higher exports, but Mitt Romney was a proponent of a stronger US currency.

Which policy is best for the US?
This post was edited on 2/15/14 at 3:12 pm
Posted by TOKEN
Member since Feb 2014
11990 posts
Posted on 2/15/14 at 3:28 pm to
Personally, I personally believe Romney was on the wrong side of the issue.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123907 posts
Posted on 2/15/14 at 3:31 pm to
our debt level will require devaluing the dollar, especially if we get our deficits down.
Posted by Libertyabides71
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts
Posted on 2/15/14 at 3:43 pm to
The market should determine the strength of the dollar.
Posted by Volvagia
Fort Worth
Member since Mar 2006
51907 posts
Posted on 2/15/14 at 4:19 pm to
You have to consider the fact that the US dollar is a reserve currency.

The economics are fundamentally different compared to other currencies.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78583 posts
Posted on 2/15/14 at 4:22 pm to
It used to be so cool when we had purchasing power abroad. Those were the days. These days a decent meal in London or Tokyo rivals your car payment.
Posted by Powerman
Member since Jan 2004
162220 posts
Posted on 2/15/14 at 4:38 pm to
quote:

These days a decent meal in London or Tokyo rivals your car payment.


Hyperbole much?
Posted by Libertyabides71
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts
Posted on 2/15/14 at 4:38 pm to
Of course it who expects to get a decent meal in the UK?
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78583 posts
Posted on 2/15/14 at 5:58 pm to
Always talking out of your XXXXL-sized arse.
quote:

Hyperbole much?


quote:

The cost of dinner for two in London has surged 11 percent over the past year -- the biggest gain in more than two decades -- and now exceeds 90 pounds (150 US) for the first time, the publishers of a restaurant guide said today.


quote:

Sterling surged to $1.6709 (60p to the dollar) – a rate of exchange against the greenback close to an April 2001 peak – as weak economic data in the US contrasted with a far more bullish outlook in the UK.


Average note on a Nissan Versa, Chevy Spark etc $150. Go frick yourself, You insufferably pompous douchbag.



Posted by Libertyabides71
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts
Posted on 2/15/14 at 6:09 pm to
75 dollars a piece still would not be the average dinner in London that is still an expensive place.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78583 posts
Posted on 2/15/14 at 6:14 pm to
No shite. I'm staying for a week this Summer at The Langham. A nice dinner with the posh people, a bottle of wine and dessert in Marylebone will cost close to $400, I'm guessing.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123907 posts
Posted on 2/15/14 at 6:18 pm to
quote:

75 dollars a piece still would not be the average dinner in London that is still an expensive place.
£26 - £40 for dinner
Posted by Libertyabides71
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts
Posted on 2/15/14 at 6:26 pm to
quote:

US Dollar
No shite. I'm staying for a week this Summer at The Langham. A nice dinner with the posh people, a bottle of wine and dessert in Marylebone will cost close to $400, I'm guessing.



For British cuisine, well like they say a fool and his gold are soon parted.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78583 posts
Posted on 2/15/14 at 6:26 pm to
quote:

Its survey of more than 1,800 eateries found the average cost of a meal for two in the capital to be £90.02


At today's exchange rate that is $150.71.

I will be eating cheap in China town and pizzas in Soho for the most part.
My "other" will be my 15 year old daughter. Love that girl!
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78583 posts
Posted on 2/15/14 at 6:34 pm to
The British "traditional breakfast" is the worst. That pathetic tomato they put on the plate. And how do you frick up bacon?



Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 2/15/14 at 6:45 pm to
Decent meal in London = oxymoron.

I never go to London without my Tony Chachere's!
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78583 posts
Posted on 2/15/14 at 6:49 pm to
I don't really eat "English" in London. I stick to Chinese/Indian etc. I mean, besides breakfast, I'm most likely to eat traditional hearty fare like fish and chips or shepherd's pie if I'm in a restaurant. I REALLY like all those little cheap hummus sandwiches/wraps they sell in the convenience stores.
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