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Forum » USD is getting wrecked!
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Thread: USD is getting wrecked!

post 1628586463 01-14-2021, 02:33 PM
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USD is getting wrecked!

Dropping in value every day and scheduled to drop in value around 20-30% in the coming years.

Just lol at all you fools getting Ponzi cucked by politicians and the fed. Distributing the value scooped off the top of your money to their buddies and calling it “stimulus.”

Just lol
post 1628586563 01-14-2021, 02:35 PM
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LOL @ libs who are excited about all this stimulus.

The stock market is the only safe place.
Always Neg Back Crew.
post 1628586583 01-14-2021, 02:35 PM
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What can we do? Besides invest
post 1628586963 01-14-2021, 02:39 PM
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Still a far cry from the late 2000s and early 2010s eh? CAD was trading above USD at those times, and it's still at $0.79 USD right now
post 1628587263 01-14-2021, 02:42 PM
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Originally Posted By Astra5H⏩
What can we do? Besides invest
Start a company that provides actual value or invest in companies that provide actual value.
Always Neg Back Crew.
post 1628587353 01-14-2021, 02:43 PM
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Pretty sure a way to fix this is to adjust federal minimum wages to match the inflationary rate after this whole pandemic is over, prices adjust inflation adjusts, this has happened many times in history
post 1628587473 01-14-2021, 02:44 PM
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Originally Posted By Astra5H⏩
What can we do? Besides invest
https://www.amazon.com/mandarin-dumm...in+for+dummies
post 1628587593 01-14-2021, 02:45 PM
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Originally Posted By Astra5H⏩
What can we do? Besides invest
Buy things now before prices increase
post 1628587613 01-14-2021, 02:45 PM
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But but but Moscow Mitch didn’t give me my $2k, Make GA BLUE !
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post 1628587923 01-14-2021, 02:48 PM
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Originally Posted By 5tfihsmgidarap⏩
Pretty sure a way to fix this is to adjust federal minimum wages to match the inflationary rate after this whole pandemic is over, prices adjust inflation adjusts, this has happened many times in history
This doesn't fix the problem and actually exacerbates it. You are adding cost to the widget.
You don't have to be great to start, but you have to start to be great.
post 1628588433 01-14-2021, 02:54 PM
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Originally Posted By Astra5H⏩
What can we do? Besides invest
Trannymaxx and start an Onlyfans
post 1628588543 01-14-2021, 02:56 PM
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Originally Posted By anonkunbrah⏩
Trannymaxx and start an Onlyfans
/Thread
post 1628588693 01-14-2021, 02:57 PM
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What are you comparing the USD to exactly? Inflation is still around 1.4%. I just wanna know where you're getting this information from so that I can formulate an opinion on the topic.

It's still 1.28 USD's for each 1 Cad. I'd say the US currency is still going strong.
post 1628589203 01-14-2021, 03:01 PM
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Originally Posted By MirinCanadian99⏩
What are you comparing the USD to exactly? Inflation is still around 1.4%. I just wanna know where you're getting this information from so that I can formulate an opinion on the topic.

It's still 1.28 USD's for each 1 Cad. I'd say the US currency is still going strong.
Pretty sure it's people just believing the COVID stimulus etc is eroding the value of their currency, yet the entire world is doing the same thing so it seems like a mostly-moot point

Not a Forex trader or anything but it looks like the USD is strong against all the major currencies right now
post 1628589433 01-14-2021, 03:03 PM
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The trade war with China was actually a currency war, which we lost the moment the media decided to prop up Beijing Biden.
post 1628590403 01-14-2021, 03:12 PM
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Originally Posted By LtGoose⏩
The trade war with China was actually a currency war, which we lost the moment the media decided to prop up Beijing Biden.
https://www.thebalance.com/world-currency-3305931
post 1628590683 01-14-2021, 03:14 PM
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other countries can now buy american goods a lot cheaper

US Navy Vet
Misc bjj crew
Aweir
post 1628590833 01-14-2021, 03:16 PM
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only way for USA to not completely collapse is for the PEOPLE to get together and get rid of corrupt politicians

it's not big tech or big companies (other than oil) that is corrupt
post 1628591543 01-14-2021, 03:23 PM
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Originally Posted By SmellyWhyteCock⏩
only way for USA to not completely collapse is for the PEOPLE to get together and get rid of corrupt politicians

it's not big tech or big companies (other than oil) that is corrupt
Decoupling money from governments is step 1. Oh wait that’s bitcoin.
post 1628591753 01-14-2021, 03:25 PM
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Originally Posted By inspectionstare⏩
Decoupling money from governments is step 1. Oh wait that’s bitcoin.
The US government is worse than medieval times royal family corruption, it's pure bull****. The fact you guys are treated like how the medieval royalties treated the peasants
post 1628592043 01-14-2021, 03:27 PM
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Originally Posted By TonyTriangles⏩
other countries can now buy american goods a lot cheaper

yay



maybe video games will be $60 over here instead of $80, $90 with tax incl lol
There is only one Hell: the one we live in now.
post 1628592443 01-14-2021, 03:31 PM
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Currency market is the indicator to watch for, stay frosty boyo's.
post 1628593113 01-14-2021, 03:38 PM
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Giving hand jobs in the parking lot will NEVER go out of business, OP so you and your family are secure.
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I'll misc you, brahs!
post 1628593263 01-14-2021, 03:39 PM
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The countries that I've visited the past couple years have recently seen the exhange rate shift in their favor anywhere from 10-15%. I remember when Thai baht was 36-1 and now it hovers around 30-1. Likewise Mexican peso was 26-1 and now sits at 20-1. Last January Philippine peso was 53-1 and now at 47-1. We poverty now.
-SF Gigantes y SF 49ers-
post 1628593553 01-14-2021, 03:44 PM
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Originally Posted By homersexual⏩
The countries that I've visited the past couple years have recently seen the exhange rate shift in their favor anywhere from 10-15%. I remember when Thai baht was 36-1 and now it hovers around 30-1. Likewise Mexican peso was 26-1 and now sits at 20-1. Last January Philippine peso was 53-1 and now at 47-1. We poverty now.
the countries in asia are developing faster than the rest of the world in all aspects. i wouldn't be surprised if in 20 years the countries over there make the west look like total ****. it's not far-fetched at all

even vietnam, which was wrecked until 1975, is developing an incredibly fast rate. saigon looks beautiful

canada has barely any development in the past 20 years
There is only one Hell: the one we live in now.
post 1628593603 01-14-2021, 03:45 PM
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Thank god.


Usd-cad was in the gutter. Hopefully you guys ruin your **** a bit more lmao.. I need more usd
post 1628594483 01-14-2021, 03:54 PM
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Originally Posted By litljay⏩
This doesn't fix the problem and actually exacerbates it. You are adding cost to the widget.
One way that would fix it, that would also be very unpopular with people is to increase taxation, thereby decreasing the money supply in the economy.
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