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Author Topic: The world would be better, if the US dollar...  (Read 3487 times)
fersa
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October 23, 2016, 01:25:10 PM
 #41

Not always. It depends on the commercial balance and other economic categories: foreign investments, government assets abroad...

The exchange rate affects heavily the net exports. If USD is weak, US exports will be more attractive for the rest (Europe will buy more goods). With a strong USD, US purchases will be cheaper for them (they could buy asian and african commodities at better price)

The net effect depends on the aggregated elasticity
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October 23, 2016, 07:42:09 PM
 #42

if the dollar falls in value - is a crisis. From this to the affected population. Therefore, it would be better if it strengthens its position

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October 23, 2016, 09:02:32 PM
 #43

The world would be better, if the US dollar (dropped in value?)
That is not true.US dollar has become major currency for international trade.Any drop in its value will not make anything better unless we have a better alternative acceptable to every one.Bitcoin can be a good alternative but it wont be easily acceptable to all countries

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October 23, 2016, 09:59:50 PM
 #44

The world would be better, if the US dollar is going to allow other countries depend the value of their local currency for their respective estimations.

Because the dollar is one that is making almost all countries depend on their economic growth and if Us crashes then their followers will have crisis also.

I think that will make the world better.

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October 23, 2016, 10:19:34 PM
 #45

I do not thing that the matter of the world is dependent on the value of US dollar. it only affect the financial matter and not the matter of the whole world. I will say that the world will be better if everyone will be educated well and everyone respect each others' economy.
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October 24, 2016, 02:31:07 AM
 #46

The world would be better, if the US dollar will increase its value, I am sorry I am little bit selfish and maybe the appropriate word to say for me is that my world would be better if the US dollar will increase its value because I am not living in US and dollar is a stronger currency when converted to our currency and that would make me earn more working online and all my ventures as well.

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October 24, 2016, 02:32:56 AM
 #47

if the us dollar will be digitized and converted into bitcoins
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October 24, 2016, 07:25:35 AM
 #48

Yes obviously it will increase the supply of anything to other countries as till now lots of currency are lower than USD. But I doubt it will happen suddenly because for the price drop most of the countries have to be developed which take more than centuries.
A century is too long for that development but remember that we now have advance technology which helps you achieve in few minutes what may take you months or years. You can expect to see the development take place as soon as possible provided the people are truly dedicated to see its realization.
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October 24, 2016, 09:55:40 AM
 #49

well, maybe the world would be better if the dollar is very easy to obtain as bitcoin. Well, with so many people who have lots of money and I think a lot of people who are eager to find dollars. Well, now mostly unemployed looking for bitcoin because it was easy to get. so, when the dollar easily obtained, maybe a lot of people who contest the dollar
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October 24, 2016, 10:52:13 AM
 #50

The world would be better if US Dollar was not that hard to obtain but not that easy either just like bitcoin. That way it requires less effort to get some dollars and if that happens, I think only a few will suffer poverty. Because of poverty that is lessened, it will make the world better and of course it will open many possibilities that might happen if that just happened.
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October 24, 2016, 11:18:09 AM
 #51

The world would be better, if the US dollar will increase its value, I am sorry I am little bit selfish and maybe the appropriate word to say for me is that my world would be better if the US dollar will increase its value because I am not living in US and dollar is a stronger currency when converted to our currency and that would make me earn more working online and all my ventures as well.
yeah you will earn more money if dollar stronger since your currency is "weak" but it also will affect the price of stuff around you,those stuffs's price will be rising and it's mean your higher earning would result into nothing or i can say not going to give any affect

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October 26, 2016, 05:06:15 PM
 #52

If USD will be 1:1 same value of currency in my country.. but that's next to impossible. Before our country was able to do that and that was way way back before.

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October 26, 2016, 05:23:16 PM
 #53

If USD will be 1:1 same value of currency in my country.. but that's next to impossible. Before our country was able to do that and that was way way back before.

So I think you would be choose for bitcoin only. Even I will go with bitcoin because it is the best stock around the world in near future. Everyone will run behind the bitcoin and all greedy to buy bitcoins. Do any one knows Microsoft products were accepted by bitcoins to purchase their products.
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October 26, 2016, 06:46:44 PM
 #54

The world would be better if US dollar dropped the price. I.think it's overestimated at the moment. That would be also better for US economy especialy regardind export because US products would become more popular on the international market. That would also mean better income for US workers in production and perhaps more new working places. But I don't think that at this moment the dollar price will fall down.

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October 26, 2016, 09:30:35 PM
 #55

yea then world would be better more better euro currency more better for everybody so i dollar go down more better for everybody
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October 26, 2016, 10:47:39 PM
 #56

Re: The world would be better, if the US dollar...

If the US dollar dropped in price relative to what standard?  Many currencies are based on a standard relative to the US dollar so it probably wouldn't be a good thing for those places in the world that do.  Are we talking about purchasing power, exchange rates, interest rates....what?
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October 26, 2016, 10:48:37 PM
 #57

Would be great if the us dollar were the currencie of all countries, or even euro, the current system makes people buy or not accordingly the value of dollar, i may choose to travel or not, the same way some companies does the same, they expect for dollar week to purchase equipments.
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October 26, 2016, 11:51:33 PM
 #58

Some of you is missing the point here. Dollar is FIAT money, one of top world's currencies.
And now listen - what will happened if suddenly dollar's price went down like crazy or US economy crashed bringing dollar down with it?
Euro (or another strong, highly regarded FIAT currency) would take its place! Nothing will change! Except the name of top dog currency will be EURO not USD!


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October 27, 2016, 12:58:18 AM
 #59

 Shocked Shocked
I guess making 1:1 dollar can help the economy in other country since the value of dollar is so high, then being in equal to the value of dollar can help other's economical status.
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October 27, 2016, 02:11:13 AM
 #60

The world would be better, if the US dollar (dropped in value?)
The world would be better if the US dollar was still pegged to some good and was exchangeable for said good at any point. This goes for all currencies throughout the world, however the US was one of the big changes that lead us down the path of fiat currencies.

Stop backing a currency with nothing, back it with some sort of tangible good.
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