Iwill continue, and this time, focus more on our dollar, than the Amero. The dollar is hitting the dust. One of the main reasons is that the Euro is in existence. One Euro = 1.4708 American Dollars. That rounds out to 150% of our money. Now the countries that we buy things from, know that our dollar is worth nothing, and we have to pay double. So the wholesalers are getting it a retail rate, and we have to pay more thatn retail Will we have to revert to using Monopoly Money? That is one thing that I hope not! Well, it is a known fact to many that the dollar is crashing, and the feds just lowered interest rates, and we are all getting tax refunds. They may help us in the short term, but in the long run, all it does, is put more money out there, and lessen the value even more. What are you going to do with your refund, anyway? It won’t do anything for the economy, unless you spend it on taxable items! And like I said, in the long run, you better off saving it, and putting it into silver
No comments:
Post a Comment