Comments on: Who Cares About the Future of the Dollar?

By: lyka

lyka — Wed, 22 Jul 2009 00:14:09 +0000

well i guess its how nature rules here..sometimes your up and sometimes your down..its like a force of gravity i think..and maybe it could be happening..i mean in the near future dollar would be use only internally..

By: desiree

desiree — Tue, 30 Jun 2009 03:46:35 +0000

Yes i agree with points mention above. In time there will be a change with the status of Dollar.

By: sadaqat

sadaqat — Tue, 23 Jun 2009 11:20:32 +0000

US Dollar is loosing its grip I admit it. But everyone knows that USA is a most powerful country at earth. I think other currencies should take some time to compete US Dollar.

By: Ricardo

Ricardo — Wed, 10 Jun 2009 17:50:23 +0000

I’d say that the current rise of the Canadian dollar against the US greenback supports the theory that the US dollar won’t have the staying power it used to have. And the Canadian manufacturers who export are concerned about this, along with those involved in Canadian tourism.

I heard a report the other day that the Canadian economy may have actually already bottomed out and is showing signs of recovery – But a strong US dollar would be helpful to Canada in several ways.

By: admin

admin — Sat, 06 Jun 2009 04:41:55 +0000

I don’t think the Dollar is going to make it, and based on what I have read in the Press the Chinese have the same opinion. Will its loss in value and confidence in it be detrimental? Well if you follow the increasing cost of imported products over the next year, you can formulate a conclusion yourself. My opinion is that it will have a devastating negative effect on our purchasing power.

By: savvyeyty

savvyeyty — Fri, 05 Jun 2009 15:08:39 +0000

Do you think dollar would still prevail in the next years. Because if this is the reality then this means people are now looking for other possibilities in the currencies and this can be a problem. Dollar is the currency that ha always been accepted right? I wonder if this sort of thng would be detrimental.

By: keithh

keithh — Sat, 11 Apr 2009 14:30:23 +0000

Well, we can’t say for certain if it’ll still help even the gov’t get our faith back to our own currency. After China pointed out to the world that there really are other alternative currency besides dollar, I don’t think other countries would still choose US dollar that easily.

By: lucio

lucio — Sat, 11 Apr 2009 02:41:52 +0000

Yeah i think its true US citizens have nothing to do with the debts being created , but still its the taxpayers money who pays it..meaning still unknowingly its them who pays the debts! just like what happens globally..the decision of the government on loans and everything its the constituents who always suffer in the end unless the result is a good one! when we talk about government it means us, so that we must be careful in selecting/electing the representative of the government in that effect. Our future depend on them.

By: skatss

skatss — Thu, 09 Apr 2009 17:04:32 +0000

I think that the fact that China and other countriesare reconsidering using the dollar shows that the US no longer has the economic strength that they once had. Where other countries used to follow and do whatever the US does now they are looking at the US and wondering if we are still as strong as we used to be. I think the US has to take a good long look at what other nations believe and do something to show the world that we are as strong economically as in previous years. I don’t know how the government can do this but it would be nice if they start by looking at its citizens. If the citizens of the US have no faith in the government how can other countries have faith?

By: Jay

Jay — Thu, 09 Apr 2009 08:12:15 +0000

That’s a very good point. If you think about it there are other alternative besides dollars and it seems China had seen that.

Each and everyone doesn’t actually sign up on the document wherein every one sake is with, so I hope the government would really consider the benefits we’re gonna have with it.