Originally posted by waypastvne
reply to post by nh_ee
The European Union got together and invented the Euro, Now the Us dollar has a strong currency to compete against and right now we are not winning.
That is what happened.
You are telling me our government killed 3000 people just so we could go to electro dollars.
Now the Us dollar has a strong currency to compete against and right now we are not winning
In your academic background and foundation in economics, So why is it I ask that the US Dollar is weaker ?
Please explain to me Exactly why is the Dollar is "Not Winning" ?
If you have studied the fundamentals of Keynesian economics then the answer should be very apparent. As well as very clear and obvious.
You are telling me our government killed 3000 people just so we could go to electro dollars.
I am very very sorry but, if only 400 people hold the majority of our wealth in the US then 3000 Americans from the bottom half of 300 Million are
only water under the proverbial bridge.
Lets look at our last war on 'Ism.....then it was called.... Communism....
How many Americans lost their lives in Vietnam ?
In case you don't know, it was a hell of a lot more than 3000.
In fact it totaled out at 211,454 Americans. 211,454 POOR Americans....the Rich didn't participate.
For What ? What exactly did we gain from those 211,454 lost American Lives ?
Did we get more Jobs building GM Cars in Vietnam....or Boeing Aircraft ?
Did we gain Natural resources in which to boost our economy ?
Did we get discounted Land grants for all Americans ?
Did we get Gold Bullion to supplement our Individual Retirement Accounts ?
No, We didn't get SQUAT ! But a lot of Dead Poor Americans and another Freakin' Recession.
The same as what we are seeing happening NOW !
God Bless and I wish you and your 401K/IRA well ....