ST Alpha - "Not to mention our dollar continues to get weaker and we continue to borrow $, adding to our debt. -- nm" (Reading a Post)

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Not to mention our dollar continues to get weaker and we continue to borrow $, adding to our debt. -- nm

Posted by Strongbad (aka Rambler14) Nov 5 '14, 06:23

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Responses:

Huh?!? The dollar has been getting stronger. -- nm - Fitz Matush Nov 5, 06:27 2
- Recently? Yes. Over the past say, 20-30 years? - Strongbad Nov 5, 06:30
- And borrowing while the interest rate is basically zero is a smart thing. We should borrow a whole lot more and get some infrastructure work going. -- nm - Fitz Matush Nov 5, 06:29
[deleted] 5
- Why I believe it is a bad thing - Strongbad Nov 5, 06:43 3
  - [deleted] 1
    - I understand that is how almost all countries are run. - Strongbad Nov 5, 07:28
  - except the bill doesn't actually "have to be paid by someone at some point" - znufrii Nov 5, 06:57
- We've had some recent good news, yes, compared to some startling numbers from 2009-2012. -- nm - Strongbad Nov 5, 06:33
The dollar is strengthening, interest rates are super low, and we're adding much less debt than previous years. -- nm - ty97 Nov 5, 06:25
you say that like those are necessarily bad things. -- nm - znufrii Nov 5, 06:25 2
- So they're good things? -- nm - Strongbad Nov 5, 06:25 1
  - they can be: a weak dollar drives export growth, deficit spending (especially at historically low interest rates) drives overall economic activity. -- nm - znufrii Nov 5, 06:27
Well, that shit ain't changing at all. No one in Congress or the White House is going to solve that - Will Hunting Nov 5, 06:24

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