InvestorsHub Logo
Followers 44
Posts 7754
Boards Moderated 3
Alias Born 02/20/2002

Re: milo3 post# 19034

Sunday, 12/09/2012 1:03:18 AM

Sunday, December 09, 2012 1:03:18 AM

Post# of 22255
Hi SilverEagle

I would think the government wants the value of the dollar to go down.

1) Eventual price inflation will make it cheaper to pay back debt.

2) If cost of labor is more competitive in the United States then more jobs will move back to the United States creating more tax revenue and a better balance of payments.

1 and 2 above are at some odds with each other. For one to work the other can't but the dollar rising in value is defiantly NOT the solution. That would just export more jobs and tax revenue.

Either our wages on average need to be lower or Chinese
and Indian wages need to rise. Either way goods will go up in price relative to our income.

Toofuzzy

Take the road less traveled. It will make all the difference.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.