toddler
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when the government has a balanced budget, and it sells more exports than it imports, also foreign investment in the dollar has to be high, competition from the Euro is destroying it. |
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shotgun042
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because it is made partially of denim |
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Steve B
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I'm assuming this is a hypothetical as the dollar is far from strong. If you think of this country as a business, it is the type of business you'd be willing to invest in? The answer for many people would be no. It has too much debt, is being run by a president who is is spending too much money on things that are of no importance to the well being of the country as opposed to making infrastructure investments.
The dollar would increase in value if this country got it's spending and debt under control. |
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THE Cupid HATER
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It's value compared to other currencies, based on various economic, political, social etc. factors. |
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Rise Against
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I don't know but someone better find out quick or we are going to have to do like mexico and just move the decimal place. |
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Acacia
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the US dollar is falling to the euro. The euro is strong because the countries that are using the euro generally have a good economy at this point. |
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Carl
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its relative price in relation to other countries. this is highly influenced by interest rates. if a country has a high interest rate relative to other countries interest rates, people are more likely to invest in that country, which leads to a strong currency for that country. |
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Adam W
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The dollar isnt strong, its weaker than the Euro, and the British pound is still stronger than both.
The strength of a currency is determined by how much of it is being bought. |
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Formerly known as Frank Castle
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Oil. |
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M+M
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well the US dollar is not as strong as it use to be in the 10 years it's becoming less and less every day. i don't know exactly why but ya. |
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iru21
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war |
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kbahadursingh
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what makes a doller strong is the econmy and how much money the contry is in debt. also the gold that is in the banks that make paper mony worth somthing. If the econmy is good and the debt is small then doller is strong. this goe for any contry. |
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Dad's found yer scoo'er
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The only saving grace of the US$ is that fact that oil prices are in USD. If OPEC change to € (Euros) then you are in deep doo doos. |
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railroad dave
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it is dropping like a rock in value . the bush administration has stopped publishing the M3 numbers . why ? why do they refuse to inventory America's gold supply ?why did Nixon take us off the gold standard ? has it all been looted ? why did the govt give up the control of printing money in 1916 , and turn it over to private bankers of the federal reserve system ?(yes, the federal reserve system is a private outfit , not a government one ) greenbacks are worthless . hoard food . the Great Hunger approaches . Lo , i see a pale horse and its name is death (Rev) . |
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