Comments on: Dollar Tumbles on Report of it’s Demise http://blogs.e-rockford.com/manufacturing/2009/10/07/dollar-tumbles-on-report-of-its-demise/ Rock River Valley manufacturing experts discuss the many facets of manufacturing: technology, education, training, events, people and any other aspects of this important segment of our economy. They’ll use this blog to get the word out and solicit feedback on local and global manufacturing. They hope to better engage our employers, employees and our future work force and increase their understanding of manufacturing. Sat, 20 Mar 2010 14:09:01 +0000 http://wordpress.org/?v=wordpress-mu-1.2.4 By: DOA http://blogs.e-rockford.com/manufacturing/2009/10/07/dollar-tumbles-on-report-of-its-demise/#comment-1159 DOA Wed, 07 Oct 2009 19:10:44 +0000 http://blogs.e-rockford.com/manufacturing/2009/10/07/dollar-tumbles-on-report-of-its-demise/#comment-1159 GOLD does not go up...the dollar goes down. want to fix the problem VOTE RON PAUL END THE FEDERAL RESERVE SUPPORT AUDITTING THE FED. THROW THE BANKSTERS IN PRISON RESTORE SOUND MONEY TO AMERICA GOLD does not go up…the dollar goes down.

want to fix the problem
VOTE RON PAUL

END THE FEDERAL RESERVE

SUPPORT AUDITTING THE FED.

THROW THE BANKSTERS IN PRISON

RESTORE SOUND MONEY TO AMERICA

]]> By: QuentinK http://blogs.e-rockford.com/manufacturing/2009/10/07/dollar-tumbles-on-report-of-its-demise/#comment-1158 QuentinK Wed, 07 Oct 2009 14:55:17 +0000 http://blogs.e-rockford.com/manufacturing/2009/10/07/dollar-tumbles-on-report-of-its-demise/#comment-1158 An economic lesson. The dollar's value was always based on actual gold reserves. We cut that tie and when the dollar maintained it's place we thought it had somehow gained some magic intrinsic value of it's own. It did not. In the interim the price of commodities had become directly tied to the dollar, most importantly, oil. Now that it appears this stabilizing bar is being removed the dollar will have nothing to support it's value and it will plummet. Hyper-inflation anyone? Strangely, our debt to China will actually be one of the dollar's only saving graces. An economic lesson. The dollar’s value was always based on actual gold reserves. We cut that tie and when the dollar maintained it’s place we thought it had somehow gained some magic intrinsic value of it’s own. It did not. In the interim the price of commodities had become directly tied to the dollar, most importantly, oil. Now that it appears this stabilizing bar is being removed the dollar will have nothing to support it’s value and it will plummet. Hyper-inflation anyone? Strangely, our debt to China will actually be one of the dollar’s only saving graces.

]]>