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I can't say with a single ounce a genuine honesty that I believe we can have a stable economy while simultaneously burdening an unstable currency simply because i don't believe we HAVE a stable economy. I simply don't know how to answer your question and would like some added clarity to what you define as how we (the U.S.A.) have a "stable economy."
I do not believe that you can have a stable economy unless you have money being shifted. I believe tha it is very hard to have a stable economy with out a stable currency. I think that is part of the reasson that our economy is the way it is right now. Now that the dollar is worth less than the euro and the yumen more people will buy foreign items, which would not help our economy at all.
The Chinese yuan, which follows the path of the dollar, is an example of how our fluctuating overseas dollar, still keeps our economy in check. The yuan fluctuates at the same rate as our dollar, so when our dollar takes a plunge, so does the yuan. Everything in this situation is relative, similar to reducing 4/8 to 1/2. This fluctuation affects the pricing made by other countries (ie. Ecuador) who use both our dollar and the yuan.
Having a liberal write about having a stable currency is a joke. Maybe by their logic if we just keep printing it and spending it it'll one day become stable!!!!!!!!!!!!!!
As a great conservative, Stevie, I would expect that you would have some feedback with supporting statements to illustrate your points??? Simply stating that it is written by a liberal is NOT persuasive to others' and would lead one to believe that you have nothing intelligent to offer. . . only angry criticism and self-righteousness.
If we're defining a stable currency as how U.S. currency matches up to that of other countries, then as long as we (U.S. citizens) purchase goods solely from within the United States, then our economy can remain stable. Stable currency really doesn't make a difference when you're buying a gallon of milk from the supermarket. Trade is a whole different story...
I don't think you can have a stable economy without a stable currency. I believe that is part of the reason why our economy is the way it is, because of the variations in our currency.
Yeah, being a later poster, this probably sounds like a 3times echo, but nonetheless..
A stable economy cannot coexist when the country doesn't have a stable currency.
I think Ecuador's decision to put import and quota restrictions on goods is their way of trying to protect themselves. There isn't much else they can do, and sitting by and just watching their economy go further into the dump would just make things worse.
An unstable currency would definetly cause an unstable economy. There can be no real argument. Nothing can be regulate, not trade, or sales, or puchases. An economy depends on the value of our currency. This is why debt, and inflation takes place. I stand by this- a stable economy is not plausible without a stable currency.
As Servius put it, "Gold as money + 100% reserve banking = stable currency = stable economy."
ReplyDeleteI can't say with a single ounce a genuine honesty that I believe we can have a stable economy while simultaneously burdening an unstable currency simply because i don't believe we HAVE a stable economy. I simply don't know how to answer your question and would like some added clarity to what you define as how we (the U.S.A.) have a "stable economy."
ReplyDeleteI do not believe that you can have a stable economy unless you have money being shifted. I believe tha it is very hard to have a stable economy with out a stable currency. I think that is part of the reasson that our economy is the way it is right now. Now that the dollar is worth less than the euro and the yumen more people will buy foreign items, which would not help our economy at all.
ReplyDeleteThe Chinese yuan, which follows the path of the dollar, is an example of how our fluctuating overseas dollar, still keeps our economy in check. The yuan fluctuates at the same rate as our dollar, so when our dollar takes a plunge, so does the yuan. Everything in this situation is relative, similar to reducing 4/8 to 1/2. This fluctuation affects the pricing made by other countries (ie. Ecuador) who use both our dollar and the yuan.
ReplyDeleteInteresting post....
ReplyDeleteHaving a liberal write about having a stable currency is a joke. Maybe by their logic if we just keep printing it and spending it it'll one day become stable!!!!!!!!!!!!!!
As a great conservative, Stevie, I would expect that you would have some feedback with supporting statements to illustrate your points??? Simply stating that it is written by a liberal is NOT persuasive to others' and would lead one to believe that you have nothing intelligent to offer. . . only angry criticism and self-righteousness.
ReplyDeleteIf we're defining a stable currency as how U.S. currency matches up to that of other countries, then as long as we (U.S. citizens) purchase goods solely from within the United States, then our economy can remain stable. Stable currency really doesn't make a difference when you're buying a gallon of milk from the supermarket. Trade is a whole different story...
ReplyDeleteI don't think you can have a stable economy without a stable currency. I believe that is part of the reason why our economy is the way it is, because of the variations in our currency.
ReplyDeleteYeah, being a later poster, this probably sounds like a 3times echo, but nonetheless..
ReplyDeleteA stable economy cannot coexist when the country doesn't have a stable currency.
I think Ecuador's decision to put import and quota restrictions on goods is their way of trying to protect themselves. There isn't much else they can do, and sitting by and just watching their economy go further into the dump would just make things worse.
I think that's equivalent to asking me: if I have a table without legs, is it still a table?
ReplyDeleteJust seems like a piece of wood to me.
So, unstable dollar = unstable economy.
An unstable currency would definetly cause an unstable economy. There can be no real argument. Nothing can be regulate, not trade, or sales, or puchases. An economy depends on the value of our currency. This is why debt, and inflation takes place. I stand by this- a stable economy is not plausible without a stable currency.
ReplyDelete