Webmaster Forum

Go Back   Webmaster Forum > The Webmaster Forums > Forum Lobby > Controversial Social Issues

Controversial Social Issues Discussions concerning controversial social issues. Topics include politics, religion, culture, social and economic issues, etc. Respect required at all times.


Reply
 
Thread Tools Display Modes
Share |
  #1  
Old 12-16-2010, 09:08 AM
bigbear78's Avatar
bigbear78 bigbear78 is offline
Contributing Member
 
Join Date: 12-14-10
Location: Sacramento, Ca
Posts: 53
iTrader: 0 / 0%
US currency vs. the stock market

One of the things that our governmental officials have been pointing to in order to placate and soothe our fears of economic meltdown is that the stock market has recovered most of the losses that it incurred after 2008. I personally know a man who is thrilled every day that he sees green instead of red on the numbers of the dow jones. I have been paying close attention to the markets for a couple of years now, and I have been disgusted to see that a weak US dollar versus other currencies such as the Euro and Yen equals positive gains in the markets, both here and abroad.

My question is this:

How is a weak currency, no matter how much your portfolio might be increasing TEMPORARILY, good for America, and how is it that very little is being made of this issue?
 
Reply With Quote

Advertisement

Advertisement

  #2  
Old 12-16-2010, 10:38 AM
Zap's Avatar
Zap Zap is offline
Super Moderator
 
Join Date: 01-15-06
Posts: 13,770
iTrader: 5 / 100%
Quote:
Originally Posted by bigbear78 View Post
My question is this:

How is a weak currency, no matter how much your portfolio might be increasing TEMPORARILY, good for America, and how is it that very little is being made of this issue?
A weaker currency will lower the international price of your goods and services, making them more attractive to buyers.
Presumably, you'll sell more stuff.
 
Reply With Quote
  #3  
Old 12-16-2010, 10:50 AM
bigbear78's Avatar
bigbear78 bigbear78 is offline
Contributing Member
 
Join Date: 12-14-10
Location: Sacramento, Ca
Posts: 53
iTrader: 0 / 0%
What goods and services do we provide besides being consumers?
 
Reply With Quote
  #4  
Old 12-16-2010, 12:29 PM
JakeMoore's Avatar
JakeMoore JakeMoore is offline
v7n Mentor
 
Join Date: 09-06-10
Location: USA
Posts: 1,529
iTrader: 0 / 0%
US actually exports a pretty good amount and the weak dollar theoretically lessens our trade imbalance. Here are our top exports http://www.importexportbook.com/what...rt-and-export/

Weak dollar is also good for tourism.

It is however pretty hard to maintain a weak dollar what with so many other countries doing their best to destroy their economies.

The stock market is a whole other animal. It's gains are fictitious. There is no fundamental growth in our economy that is supportive of such gains. As soon as confidence is bolstered enough and the people en masse start coming back in, the market manipulators will dump and run.
 
Reply With Quote
Go Back   Webmaster Forum > The Webmaster Forums > Forum Lobby > Controversial Social Issues

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Stock Market Collapse: More Goldman Market Rigging Franc Tireur Controversial Social Issues 0 05-08-2010 08:21 PM
The Stock Market shahab6 Forum Lobby 7 10-28-2008 06:59 AM


V7N Network
Get exposure! V7N I Love Photography V7N SEO Blog V7N Directory


All times are GMT -7. The time now is 01:05 PM.
Powered by vBulletin
Copyright 2000-2014 Jelsoft Enterprises Limited.
Copyright © 2003 - 2018 VIX-WomensForum LLC