The dollar just dropped against other currencies.

Current Events » in reply to "Each dollar is now worth that much less."

TB — 9/18/2012 7:53:42 PM (archived)

The bond market thinks there's going to be inflation. So does the gold market. One agency just dropped our credit rating.

Reagan? Inflation was 10 percent in 1980, 4 percent in 1988.

The whole thread (12 posts)

Study: Tax Cuts for the Rich Don't Spur Growth - ER - 9/18/2012 1:00:54 AM
- It doesn't matter how much you invest in a business... - alcaray - 9/18/2012 1:50:22 AM
  - Economics 101 - TB - 9/18/2012 4:48:15 AM
    - "Each dollar is now worth that much less." - alcaray - 9/18/2012 7:10:49 PM
      - The dollar just dropped against other currencies. - TB - 9/18/2012 7:53:42 PM
        
        Think we should crank up insurance rates like Reagan did? - alcaray - 9/18/2012 7:58:05 PM
        
        Oops: meant 'interest', not 'insurance'. - alcaray - 9/18/2012 7:58:50 PM
    - TB, didn't you advo - bowser - 9/18/2012 6:12:05 AM
  - Maybe if you gave them a job, or a raise, they could buy more stuff? What a concept. - ER - 9/18/2012 2:05:06 AM
    - Or a payroll tax cut. - alcaray - 9/18/2012 3:20:46 AM
- Ahem. - bowser - 9/18/2012 1:16:23 AM
  - I forgot that part. - ER - 9/18/2012 1:45:05 AM

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