ARE YOU NEW HERE? NOT LOGGED IN? PLEASE TAKE A MOMENT TO REGISTER FOR AN ACCOUNT AND LOGIN TO REMOVE THIS WINDOW
Welcome to PatsFans.com. Do you have an account? If not - please take a moment to register for our forum and experience a much smoother experience with fewer ads, along with no longer having to see this notification window. Also learn about how you can receive a free Patriots T-Shirt from the Patriots Official ProShop by CLICKING HERE. Please enjoy your stay here, and Go Pats!
Re: US Dollar has lost 1/2 its value since Bush took office.
Quote:
Originally Posted by a.paul
I've never pretended to know a lot about it. I do know that 80 isn't half of 115 though.
Not sure which chart you guys are talking about but, yeah, 115 to 80 is a 30% drop; not that wes would exaggerate or anything
DONATE TO PATSFANS.COM
RECEIVE A FREE PATS T-SHIRT AND SAVE 15% OFF WHEN YOU BUY FROM THE OFFICIAL PROSHOP!
Free T-Shirt & Save 15% Off!
Like Our Site? Please help support our site and server costs by DONATING TO PATSFANS.COM and receive a FREE PATRIOTS T-SHIRT and SAVE 15% off EVERY purchase you make from PatriotsProShop.com. You'll also receive added benefits to your account including Removing All Ads During Your Experience Here At Our Forum.
NEEDED YEARLY SITE DONATIONS: 345 | CURRENT # OF SUBSCRIBED SUPPORTERS: 98
Re: US Dollar has lost 1/2 its value since Bush took office.
Quote:
Originally Posted by BelichickFan
Not sure which chart you guys are talking about but, yeah, 115 to 80 is a 30% drop; not that wes would exaggerate or anything
hahahaha
Now i know who you are .....if you see the chart , it goes clearly below 80.
I tought you were smarter than Paul .
well , well , well ,i guess it's the same crowd .
Re: US Dollar has lost 1/2 its value since Bush took office.
Quote:
Originally Posted by a.paul
Wes' futures trading chart in the first post. The line is under 120 at the highest and just below 80 on the other side.
Like you said elsewhere, it's misleading as the dollar went up quite a bit just before that. It was around 98 only a year earlier. So not only is wes just wrong with his math, he's also very misleading.
Re: US Dollar has lost 1/2 its value since Bush took office.
Quote:
Originally Posted by weswelker#83
hahahaha
Now i know who you are .....if you see the chart , it goes clearly below 80.
I tought you were smarter than Paul .
well , well , well ,i guess it's the same crowd .
Even if it were at 70, which it isn't, that would be a a drop of 45 from 115 which is 39% not 50%. That might be good enough for you.
Re: US Dollar has lost 1/2 its value since Bush took office.
Quote:
Originally Posted by a.paul
So it doesn't matter to you at all that Bill Clinton and Greenspan were the first to try to pervert the normal business cycle to keep the economy in a permanent state of growth with no corrections, huh? It's always Bush's fault, no matter what happens. Take a look at the historicals in wes' cute little chart, btw.
I'm objecting to the weak dollar approach. Clinton did the capitalist thing and expand markets and expand into new markets. (He gets a lot of criticism for things like NAFTA in that regard.) The dollar stayed strong, but American companies were able to compete by investing and manufacturing elsewhere. It worked well, except for those in manufacturing. It also created an enormous amount of international political clout for the US, which was very apparent when Clinton was president. Clinton gave us growth without inflation. Sustained growth is very good thing. It's amusing that you have a problem with it. It sounds like you wanted a recession during the Clinton years as a matter of economic prudence.
Re: US Dollar has lost 1/2 its value since Bush took office.
Quote:
Originally Posted by weswelker#83
US has lost 80% of its worldwide respect too
Don't worry about that though. We'll get it all back, and then some, as soon as Obama wins the election, and we all keep our homes at 60 degrees in the winter, become anorexic, and drive Prius's.
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him." Leo Tolstoy, 1897
Re: US Dollar has lost 1/2 its value since Bush took office.
Linear Mode
