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Dollar Slides Despite Lower US Unemployment Rate

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Dollar Slides Despite Lower US Unemployment Rate

Post by Jobless_in_Ma on Fri Mar 04, 2011 5:59 pm

http://abcnews.go.com/Business/wireStory?id=13055727

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Re: Dollar Slides Despite Lower US Unemployment Rate

Post by Guest on Fri Mar 04, 2011 6:12 pm

The dollar is sliding because the Federal Reserve has pumped too much money into the economy, devaluing the U.S. dollar.

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Re: Dollar Slides Despite Lower US Unemployment Rate

Post by 503Depressed on Fri Mar 04, 2011 7:41 pm

Not like it was really worth all that much, since Nixon took it off the gold standard. The dollar is really all play money/virtual money.

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Re: Dollar Slides Despite Lower US Unemployment Rate

Post by Guest on Fri Mar 04, 2011 8:01 pm

Well, you know there's a problem when the Canadian dollar is worth more than the U.S. dollar.

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Re: Dollar Slides Despite Lower US Unemployment Rate

Post by Sponsored content Today at 11:54 pm


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