Why Do People Go Along With the Myth the Dollar Is Falling When It Is Rising?
Posted by junkgurl in Junk Silver Coin FAQ, tags: along, dollar, falling, myth, people, risingQuestion by Jerome Watson: Why do people go along with the myth the dollar is falling when it is rising?
Gold is also up so this leads me to conclude the real problem is the IMF. The G20 was really trying prop it up because if the IMF goes under so does the WTO. If they dollar, gold, and silver are all going the capitol reserve system is being out played by the hard asset system. This a result of the outsource and borrow economics. = Send away industry to build capitol and then borrow to put money down to import junk!
Best answer:
Answer by Mr. Sandman
Dollars fall slowly because they're so light. They only tend to rise in an updraft.
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Originally posted 2010-07-07 10:08:17. Republished by Blog Post Promoter
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Dollar is indeed falling. Today for 1 Euro we pay almost $1.48. I’m not blaming president Obama.
don’t they have some “economics” night classes where you live?
Gold is up AND the dollar is up? I don’t think you understand the way this works….. Actually internationally people are dumping the dollar – thanx to the republican wars and miserable diplomacy of Li’l Bushy Boy, we’ll be increasinly isolated.
Time to start denying it now.
i don’t know any of those terms you just mentioned, but maybe the dollar’s worth is falling because we owe trillions of dollars to other countries, such as china.
not to mention we’re in a recession, and a ton of people are out of work and its not helping the economy.
Dollar isn’t based on gold or silver, it’s fiat money. There should be no question of whether it’s rising or falling that’s an objective statement on any particular day, the value is either greater or lesser compared to other monies.