How stable is the U.S. dollar?????

[ElFenix]

"strong" and "weak" with currencies only means that, relative to each other, one costs more this week and the other is costing less, in terms of the other currency. the dollar is a preferred currency because it holds its value relatively well, has wide acceptability, and had enough volume that liquidating large amounts of it is not a problem. the euro also seeks to be a preferred currency, but that doesn't mean that everyone is going to stop using dollars.

 

[potato28]

Screw the Euro, Go Canadian money!

 

[ChAoTiCpInOy]

Feel free to laugh at your friend.

 

[IAteYourMother]

Originally posted by: JS80

Originally posted by: Ricemarine

Originally posted by: Howard

Originally posted by: feralkid

Originally posted by: JS80
and what army is the euro backed with?

NATO.

NATO?

wouldn't we be backed the same as well since we are part of NATO?

I think it's fair to say we ARE NATO.

NATO is pretty much just the USA, canada, and the UK

 

[Fenixgoon]

Originally posted by: JS80

Originally posted by: Ricemarine

Originally posted by: Howard

Originally posted by: feralkid

Originally posted by: JS80
and what army is the euro backed with?

NATO.

NATO?

wouldn't we be backed the same as well since we are part of NATO?

I think it's fair to say we ARE NATO.

don't forget the UN too

 

[JS80]

Originally posted by: Fenixgoon

Originally posted by: JS80

Originally posted by: Ricemarine

Originally posted by: Howard

Originally posted by: feralkid

Originally posted by: JS80
and what army is the euro backed with?

NATO.

NATO?

wouldn't we be backed the same as well since we are part of NATO?

I think it's fair to say we ARE NATO.

don't forget the UN too

:music:We are the world...we are the people...:music:

 

[Rubycon]

How stable is the US dollar?

How high has it been overclocked?

:laugh:

 

[feralkid]

Originally posted by: IAteYourMother

Originally posted by: JS80

Originally posted by: Ricemarine

Originally posted by: Howard

Originally posted by: feralkid

Originally posted by: JS80
and what army is the euro backed with?

NATO.

NATO?

wouldn't we be backed the same as well since we are part of NATO?

I think it's fair to say we ARE NATO.

NATO is pretty much just the USA, canada, and the UK

NOPE.

 

[FoBoT]

Originally posted by: redgtxdi


Would it be possible for the U.S. dollar to completely go away outside of a domestic tragedy???

no, it would mean total collapse of the world economy and an extended world wide depression

 

[FoBoT]

NATO :laugh: that is a good one! :laugh:

 

[sierrita]

Originally posted by: FoBoT
NATO :laugh: that is a good one! :laugh:

What, are you a Soviet?

 

[bobdelt]

Your friend has the same opinion of most other people, but I bet he barely knows much about europe.

The Euro could very easily take over the dollar as the currency of choice in international trading (vehicle currency), and its made some progress, but wont over take it for a long time. European countries are very nationalistic, and they hate seing the EU gain power, which works in the USD favor. Combine that with the especialy nationalistic UK - which has refused to convert to the euro.

The euro has potential too, but they are moving way too slow with EU development. If the european citizens wanted it to happen, it could, but the attitude in europe is very communual and mind your own business, so it wont for a long time.

 

[FoBoT]

the idea that without the US contribution, NATO could muster more than a Boy Scout camp is recockulous

look at the % of GDP that the other NATO countries put into defense

Perhaps the most alarming statistic with regard to NATO has been the ever-widening disparity in defense expenditures between the United States on the one hand and Canada and Europe on the other. For the fiscal year 2007 defense budget, the United States has allocated $439.3 billion (3.2 percent of GDP) for the Department of Defense?an increase of 7 percent from FY 2006. This sum dwarfs the respective defense budgets of fellow NATO members: United Kingdom $65.25 billion (2.7 percent of GDP); France $45 billion (2.6 percent); Germany $30 billion (1.2 percent); Italy $28.2 billion (1.8 percent); Spain $9.9 billion (1.2 percent). Consequently, the United States now represents 85 percent of NATO?s military capabilities.

The creation of the EU?s 60,000-strong Rapid Reaction Force (RRF) coincided with the establishment of NATO?s 21,000-strong Response Force (NRF). This begs the question as to whether the EU is enhancing the security of Europe through new military capabilities or merely ?re-hatting? existing forces. The collective defense budgets of all 25 EU member states amount to $200 billion?less than half of the U.S. defense budget. The likelihood of an effective RRF?presumably under the direction of a nonexistent European Security and Defense Policy (ESDP)?is therefore doubtful.

http://www.myheritage.org/Issues/NATO.asp

 

[bobdelt]

Originally posted by: TehMac
Honestly, it doesn't matter. Currency is just a representation of how much one values things. Its like saying British people weigh less than Americans because Americans say the man weighs 150 pounds, and the British say he weighs 3 stone.
In short, are you really serious?

There is biggest impact than the nominal values that you suggest when it comes to world wide demand and trade. The dollar is very valuable because every country will accept it in an offer of trade, which isnt so with other currency - such as the peso.

 

[sierrita]

Originally posted by: FoBoT
the idea that without the US contribution, NATO could muster more than a Boy Scout camp is recockulous

look at the % of GDP that the other NATO countries put into defense

Perhaps the most alarming statistic with regard to NATO has been the ever-widening disparity in defense expenditures between the United States on the one hand and Canada and Europe on the other. For the fiscal year 2007 defense budget, the United States has allocated $439.3 billion (3.2 percent of GDP) for the Department of Defense?an increase of 7 percent from FY 2006. This sum dwarfs the respective defense budgets of fellow NATO members: United Kingdom $65.25 billion (2.7 percent of GDP); France $45 billion (2.6 percent); Germany $30 billion (1.2 percent); Italy $28.2 billion (1.8 percent); Spain $9.9 billion (1.2 percent). Consequently, the United States now represents 85 percent of NATO?s military capabilities.

The creation of the EU?s 60,000-strong Rapid Reaction Force (RRF) coincided with the establishment of NATO?s 21,000-strong Response Force (NRF). This begs the question as to whether the EU is enhancing the security of Europe through new military capabilities or merely ?re-hatting? existing forces. The collective defense budgets of all 25 EU member states amount to $200 billion?less than half of the U.S. defense budget. The likelihood of an effective RRF?presumably under the direction of a nonexistent European Security and Defense Policy (ESDP)?is therefore doubtful.

http://www.myheritage.org/Issues/NATO.asp

Where are you trying to go with this?

 

[IAteYourMother]

Originally posted by: feralkid

Originally posted by: IAteYourMother

Originally posted by: JS80

Originally posted by: Ricemarine

Originally posted by: Howard

Originally posted by: feralkid

Originally posted by: JS80
and what army is the euro backed with?

NATO.

NATO?

wouldn't we be backed the same as well since we are part of NATO?

I think it's fair to say we ARE NATO.

NATO is pretty much just the USA, canada, and the UK

NOPE.

when i said "pretty much," i meant the countries that mattered

 

[bobdelt]

as I read more and more of the post, im shocked about how dumb the people here are. The USD isnt going away. The national debt is on pace to be paid off within 10 years. Furthermore, the national debt doesnt actually mean much - people always talk about how bad it is, but none can really say why (most economists agree that a small national debt can be a good thing).

 

[FoBoT]

Originally posted by: sierrita

Originally posted by: FoBoT
the idea that without the US contribution, NATO could muster more than a Boy Scout camp is recockulous

look at the % of GDP that the other NATO countries put into defense

Perhaps the most alarming statistic with regard to NATO has been the ever-widening disparity in defense expenditures between the United States on the one hand and Canada and Europe on the other. For the fiscal year 2007 defense budget, the United States has allocated $439.3 billion (3.2 percent of GDP) for the Department of Defense?an increase of 7 percent from FY 2006. This sum dwarfs the respective defense budgets of fellow NATO members: United Kingdom $65.25 billion (2.7 percent of GDP); France $45 billion (2.6 percent); Germany $30 billion (1.2 percent); Italy $28.2 billion (1.8 percent); Spain $9.9 billion (1.2 percent). Consequently, the United States now represents 85 percent of NATO?s military capabilities.

The creation of the EU?s 60,000-strong Rapid Reaction Force (RRF) coincided with the establishment of NATO?s 21,000-strong Response Force (NRF). This begs the question as to whether the EU is enhancing the security of Europe through new military capabilities or merely ?re-hatting? existing forces. The collective defense budgets of all 25 EU member states amount to $200 billion?less than half of the U.S. defense budget. The likelihood of an effective RRF?presumably under the direction of a nonexistent European Security and Defense Policy (ESDP)?is therefore doubtful.

http://www.myheritage.org/Issues/NATO.asp

Where are you trying to go with this?

feralkid said that NATO backs the Euro the way the US military/govt backs the US Dollar, that is a giant load of CRAP

that is where i am going with this

the US is 85% of NATO and we don't back the Euro, only the govts. of the EU back the Euro, NOT the armies of NATO that barely exist

 

[mrrman]

lol it will be Yen before Euros

 

[drinkmorejava]

Once China gets around to properly valuing its Yuan at around 4.5 to the dollar, down from almost 8, the USD will pretty much skyrocket. The media has put out some fun stories about the dollar being about to collapse, but it's simply bull, the dollar is the strongest currency and without any improvements with easily remain on top for the next decade; once China figures itself out, we're pretty much set until WWIII, which well, will pretty leave us with no comparison...again.

 

[everman]

Your average man on the street knows next to nothing about currency markets, this includes your friend.

 

[sierrita]

Originally posted by: FoBoT

Originally posted by: sierrita

Originally posted by: FoBoT
the idea that without the US contribution, NATO could muster more than a Boy Scout camp is recockulous

look at the % of GDP that the other NATO countries put into defense

Perhaps the most alarming statistic with regard to NATO has been the ever-widening disparity in defense expenditures between the United States on the one hand and Canada and Europe on the other. For the fiscal year 2007 defense budget, the United States has allocated $439.3 billion (3.2 percent of GDP) for the Department of Defense?an increase of 7 percent from FY 2006. This sum dwarfs the respective defense budgets of fellow NATO members: United Kingdom $65.25 billion (2.7 percent of GDP); France $45 billion (2.6 percent); Germany $30 billion (1.2 percent); Italy $28.2 billion (1.8 percent); Spain $9.9 billion (1.2 percent). Consequently, the United States now represents 85 percent of NATO?s military capabilities.

The creation of the EU?s 60,000-strong Rapid Reaction Force (RRF) coincided with the establishment of NATO?s 21,000-strong Response Force (NRF). This begs the question as to whether the EU is enhancing the security of Europe through new military capabilities or merely ?re-hatting? existing forces. The collective defense budgets of all 25 EU member states amount to $200 billion?less than half of the U.S. defense budget. The likelihood of an effective RRF?presumably under the direction of a nonexistent European Security and Defense Policy (ESDP)?is therefore doubtful.

http://www.myheritage.org/Issues/NATO.asp

Where are you trying to go with this?

feralkid said that NATO backs the Euro the way the US military/govt backs the US Dollar, that is a giant load of CRAP

that is where i am going with this

the US is 85% of NATO and we don't back the Euro, only the govts. of the EU back the Euro, NOT the armies of NATO that barely exist

No he didn't.


Someone asked "and what army is the euro backed with?" and he said "NATO" which is fact. NATO protects each and every member state.

 

[JS80]

Originally posted by: sierrita

Originally posted by: FoBoT
the idea that without the US contribution, NATO could muster more than a Boy Scout camp is recockulous

look at the % of GDP that the other NATO countries put into defense

Perhaps the most alarming statistic with regard to NATO has been the ever-widening disparity in defense expenditures between the United States on the one hand and Canada and Europe on the other. For the fiscal year 2007 defense budget, the United States has allocated $439.3 billion (3.2 percent of GDP) for the Department of Defense?an increase of 7 percent from FY 2006. This sum dwarfs the respective defense budgets of fellow NATO members: United Kingdom $65.25 billion (2.7 percent of GDP); France $45 billion (2.6 percent); Germany $30 billion (1.2 percent); Italy $28.2 billion (1.8 percent); Spain $9.9 billion (1.2 percent). Consequently, the United States now represents 85 percent of NATO?s military capabilities.

The creation of the EU?s 60,000-strong Rapid Reaction Force (RRF) coincided with the establishment of NATO?s 21,000-strong Response Force (NRF). This begs the question as to whether the EU is enhancing the security of Europe through new military capabilities or merely ?re-hatting? existing forces. The collective defense budgets of all 25 EU member states amount to $200 billion?less than half of the U.S. defense budget. The likelihood of an effective RRF?presumably under the direction of a nonexistent European Security and Defense Policy (ESDP)?is therefore doubtful.

http://www.myheritage.org/Issues/NATO.asp

Where are you trying to go with this?

that you + feralkid = pwned

 

[FoBoT]

Originally posted by: sierrita

Originally posted by: FoBoT

Originally posted by: sierrita

Originally posted by: FoBoT
the idea that without the US contribution, NATO could muster more than a Boy Scout camp is recockulous

look at the % of GDP that the other NATO countries put into defense

Perhaps the most alarming statistic with regard to NATO has been the ever-widening disparity in defense expenditures between the United States on the one hand and Canada and Europe on the other. For the fiscal year 2007 defense budget, the United States has allocated $439.3 billion (3.2 percent of GDP) for the Department of Defense?an increase of 7 percent from FY 2006. This sum dwarfs the respective defense budgets of fellow NATO members: United Kingdom $65.25 billion (2.7 percent of GDP); France $45 billion (2.6 percent); Germany $30 billion (1.2 percent); Italy $28.2 billion (1.8 percent); Spain $9.9 billion (1.2 percent). Consequently, the United States now represents 85 percent of NATO?s military capabilities.

The creation of the EU?s 60,000-strong Rapid Reaction Force (RRF) coincided with the establishment of NATO?s 21,000-strong Response Force (NRF). This begs the question as to whether the EU is enhancing the security of Europe through new military capabilities or merely ?re-hatting? existing forces. The collective defense budgets of all 25 EU member states amount to $200 billion?less than half of the U.S. defense budget. The likelihood of an effective RRF?presumably under the direction of a nonexistent European Security and Defense Policy (ESDP)?is therefore doubtful.

http://www.myheritage.org/Issues/NATO.asp

Where are you trying to go with this?

feralkid said that NATO backs the Euro the way the US military/govt backs the US Dollar, that is a giant load of CRAP

that is where i am going with this

the US is 85% of NATO and we don't back the Euro, only the govts. of the EU back the Euro, NOT the armies of NATO that barely exist

No he didn't.


Someone asked "and what army is the euro backed with?" and he said "NATO" which is fact. NATO protects each and every member state.

no , NATO doesn't back the Euro , that is bull crap
WRONG

 

[IAteYourMother]

Originally posted by: sierrita

Originally posted by: FoBoT

Originally posted by: sierrita

Originally posted by: FoBoT
the idea that without the US contribution, NATO could muster more than a Boy Scout camp is recockulous

look at the % of GDP that the other NATO countries put into defense

Perhaps the most alarming statistic with regard to NATO has been the ever-widening disparity in defense expenditures between the United States on the one hand and Canada and Europe on the other. For the fiscal year 2007 defense budget, the United States has allocated $439.3 billion (3.2 percent of GDP) for the Department of Defense?an increase of 7 percent from FY 2006. This sum dwarfs the respective defense budgets of fellow NATO members: United Kingdom $65.25 billion (2.7 percent of GDP); France $45 billion (2.6 percent); Germany $30 billion (1.2 percent); Italy $28.2 billion (1.8 percent); Spain $9.9 billion (1.2 percent). Consequently, the United States now represents 85 percent of NATO?s military capabilities.

The creation of the EU?s 60,000-strong Rapid Reaction Force (RRF) coincided with the establishment of NATO?s 21,000-strong Response Force (NRF). This begs the question as to whether the EU is enhancing the security of Europe through new military capabilities or merely ?re-hatting? existing forces. The collective defense budgets of all 25 EU member states amount to $200 billion?less than half of the U.S. defense budget. The likelihood of an effective RRF?presumably under the direction of a nonexistent European Security and Defense Policy (ESDP)?is therefore doubtful.

http://www.myheritage.org/Issues/NATO.asp

Where are you trying to go with this?

feralkid said that NATO backs the Euro the way the US military/govt backs the US Dollar, that is a giant load of CRAP

that is where i am going with this

the US is 85% of NATO and we don't back the Euro, only the govts. of the EU back the Euro, NOT the armies of NATO that barely exist

No he didn't.


Someone asked "and what army is the euro backed with?" and he said "NATO" which is fact. NATO protects each and every member state.

christ you're stupid