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Coach McGuirk

Joined: 12/22/2002 Posts: 13693
Likes: 10951


*This is a post about economics, please*. So...I have been concerned about


what I see as the devaluation of the dollar. I don't have a lot of dollars, but I worry for you people and others that do. I realize that there is a rock/hard place thing going on, but we are racking up a whole lot of debt, and someday the all the world may no longer be a buyer.

I've been reading up on this situation a bit in my spare time, and wondered what the lounge input is on this subject.

A couple of fun facts:

65% of all US dollars are OUTSIDE the US.
And this chart below (with a trivia question of, "what the hell happened in 1913?" ha)


Posted: 05/21/2020 at 1:10PM



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Current Thread:
  We are in deep doo doo ** -- fordham 05/21/2020 5:38PM
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  Coach, here's the play if/when the balloon pops: -- ColoVT82 05/21/2020 2:00PM
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