... it is just that the dollar sucks. And currency is 1/2 of every transaction.

And who do we have to thank for the dollar being in the tank?

(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.

(02-25-2012 08:45 AM)Jugnaut Wrote:  

(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.

Yep. But Obama has had a healthy hand in it as well.

(02-25-2012 08:48 AM)Ninerfan1 Wrote:  

(02-25-2012 08:45 AM)Jugnaut Wrote:  

(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.

Yep. But Obama has had a healthy hand in it as well.

Add in Turbo Tax Tim Geithner, Goldman Sachs, UBS, Citigroup

(02-25-2012 08:48 AM)Ninerfan1 Wrote:  

(02-25-2012 08:45 AM)Jugnaut Wrote:  

(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.

Yep. But Obama has had a healthy hand in it as well.

I can't take you seriously unless you admit Dubya did a damn fine job of this, too.

(02-25-2012 09:11 AM)georgia_tech_swagger Wrote:  I can't take you seriously unless you admit Dubya did a damn fine job of this, too.

Putting aside for a moment my deep seeded emotional need to have you take me seriously, I was frequently critical of Bush's fiscal/spending policies during his presidency, and after. NCLB, Medicare Part B etc. were all bad policy that were all debt that hurt the dollar. The accessibility of cheap credit to unworthy borrowers hurt as well, though neither was caused by Bush.