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Yayyyyy, US dollar!

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Originally posted by: Pliablemoose

I'm not kidding, we're headed into a recession, Kerry couldn't have headed it off either....
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That's impossible according to the President and his supporters in here. The Economy is Booming better than it has in over 20 years so how can it be heading into a recession??? 😕
 
Originally posted by: dahunan
Can anyone tell me what happens to WAGES when the dollar loses value?
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They wages for the most part are inflexiable right now. You can't demand that your employer pay you more because there are 50 guys waiting to take your job. The weak dollar means for the same X dollars you can buy less goods then with a strong dollar. Corperations like the weak dollar because it effectivly is a pay cut for their employes.
 
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