A belief you don't even know why you hold, other than being reflexively contrarian.
You're the most immature person on these boards. And that really says a lot.
Trump fires back at Obama, boasts he's got 'magic wand' on economy
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A belief you don't even know why you hold, other than being reflexively contrarian.
You're the most immature person on these boards. And that really says a lot.
A bad faith question is a bad faith tactic.
You operate exclusively in bad faith; it's a noticeable pattern in everything you post. You leave out exculpatory info or evidence that undermines your argument. You rarely read past the headline. And when pressed for details, you cringe and come up short. I don't think you can coherently explain any of your beliefs. I think you're just a reactionary.
You're an idiot and a liar.
Imagine being so insecure you have to lie about yourself on anonymous message boards.
Kill yourself. Just do it.
MAGA MAN
Let's go Brandon!
QE deflated the currency, so those "raises" were to keep pace with that. Real purchasing power stayed relatively flat. And meanwhile their savings was getting trashed.
You know how fucking wrong you are? Here's how fucking wrong you are:
When stacked against the Euro, the value of the US dollar was:
On January 17th, 2009: $1 USD = 0.78 Euros.
On January 17th, 2017: $1 USD = 0.94 Euros
So the value of the dollar INCREASED DURING QE.
So everything you're fucking saying is wrong. That's because you're a lying Conservative shitbag.
MAGA MAN
Let's go Brandon!
LOL! That didn't long for me to destroy your argument. Now you have nothing to say except the same old bullshit.
Instead of taking your advice, I plan on retiring a little earlier, sitting on my big fat nest egg, and enjoying my classic cars and mountain vistas.
MAGA MAN
Let's go Brandon!
All that means is the the Europeans devalued their currency faster than we did.
reagansghost
eternal
first try learning the definition of 'reactionary' ya dumb fuck
Wrong.
QE didn't deflate the currency.
1/17/09: $1 US = 0.78 Euros
1/17/17: $1 US = 0.94 Euros
So that's showing US currency getting stronger, not weaker; inflating, not deflating.
Thing is, this shit is so easily researched online that I'm led to the conclusion that you're deliberately posting in bad faith because you have ulterior motives.
LOL!
Look at these excuses.
No, that's not what it means. What it means is that the USD got stronger during QE.
You've been unable to provide any evidence that supports you. All you do is lie instead.
LOL! That didn't long for me to destroy your argument. Now you have nothing to say except the same old bullshit.
Instead of taking your advice, I plan on retiring a little earlier, sitting on my big fat nest egg, and enjoying my classic cars and mountain vistas.
You didn't destroy any argument.
You just word salad and faked your way through a response. Just like you do with everything in your life.
Nothing you say here seems to be correct, and you lie about yourself on a message board.
reagansghost
eternal
stop ranting shit, read and learn genius:
Tourism to the U.S. is more expensive. Visitors from abroad will find the prices of goods and services in America more expensive with a stronger dollar. Business travelers and foreigners living in the U.S. but holding on to foreign-denominated bank accounts, or who are paid incomes in their home currency will be hurt and their cost of living increased.
Exporters suffer. Just as foreign imports become cheaper at home, domestically produced goods become relatively more expensive abroad. An American-made car that costs $30,000 would cost €22,222 in Europe with an exchange rate of 1.35 dollars per euro, but increases to $26,786 when the dollar strengthens to 1.12 per euro. Some have argued that expensive exports can cost American jobs. (See also: How You Can Benefit From a Weak Euro.)
Domestic companies that do a lot of business abroad will be hurt. Companies that are based in the United States but conduct a large portion of their business around the globe will suffer as the income they earn from foreign sales will decrease in value on their balance sheets. Investors in such companies are also likely to see a negative impact. McDonalds (MCD), Coca-Cola Enterprises (CCE), and Philip Morris (PM) are all well-known examples of U.S. companies with a large percentage of sales occurring overseas. While some of these companies use derivatives to hedge their currency exposures, not all do, and those that do hedge may only do so in part. (For more, see: How Companies Use Derivatives to Hedge Risk)
Foreign governments who require U.S. dollar reserves will end up paying relatively more to obtain those dollars. This is especially important in emerging market economies.
Then let's take a look at non-Europen currency, shall we?
How about the USD vs. your home currency, the ruble:
1/17/09: $1 USD = 32.54 Rubles
1/7/17: $1 USD = 59.60 Rubles
Wanna try again?
So right there shows that QE didn't devalue the currency.
FFS, are you trying to help me? Because you're doing a great job with that.
reagansghost
eternal
you know zero about the effects of a strong dollar, the mind of a 12 yr old
How about Japan? How much value did the dollar gain with them:
1/10/09: $1 USD = 90.45 Yen
2/4/17: $1 USD = 112.58 Yen
You clowns were arguing that QE "devalued the dollar". I just posted three examples (Russia, EU, Japan), showing that during the period of QE, the dollar gained value against all three of those currencies.
The argument was that QE devalued the dollar, but the empirical evidence shows the dollar got stronger during QE.
cawacko
Well-known member
Not at all. I'm stating my position. Stating ones position is not being a clown it's what happens in a discussion.
cawacko
Well-known member
The immaturity is on your side as all you can do is name call. You get unhinged when someone holds a differenent position than you.
cawacko
Well-known member
Translation: you wont answer the question because you either can't or refuse to state what you believe