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queenie610 (November 30, 1999 at 12:00 am)
You are right! The value of the dollar continues to go down. This year was the worse Christmas for me. I wasn't able to buy myself anything because of bills and i don't even heve a credit card. It is just basic necessities such as rent,car payment, utilities, child college tuition etc. It was never like this!
IamAlexM16 (November 30, 1999 at 12:00 am)
Yeah, I think things will get much worse. There's a correction in the market that needs to happen and prolonging it will only magnify the problem and unless they allow interest rates to rise, lead to hyperinflation.
Jacobrester (November 30, 1999 at 12:00 am)
This year, 2009, shall be an interesting one. I think people are expecting too much from Mr. Obama. However, I hope he does well.
I have my doubts though.
IamAlexM16 (November 30, 1999 at 12:00 am)
Deflation can only happen when there is less money in circulation. Right now, even though the banks are hoarding cash we are actually going thru inflation b/c the fed is printing money to offset this.
wwdhhhh (November 30, 1999 at 12:00 am)
america=drugs,war and debt
p1x3lman (November 30, 1999 at 12:00 am)
it's true that it is so international im duch and i saw on tv a documentery about what could happen if the dollar fell, if the dollar falls it will take most of the world with it thats why places like asia keep lending(donating) billions of dollars.
eddiekoski (November 30, 1999 at 12:00 am)
its still true about the 8000 dollars could of been protected to be 14000 dollars or whatever.
Jacobrester (November 30, 1999 at 12:00 am)
We are now in a state of "Deflation"...not hyperinflation......prices have been falling
Decebal825 (November 30, 1999 at 12:00 am)
i guess the simple explanation of inflation is for our American friends.
juplm4000 (November 30, 1999 at 12:00 am)
im in england |
