It's an Obamanation

Discussion in 'Something For All' started by The Disturbed, Mar 8, 2009.

It's an Obamanation
  1. Unread #41 - Mar 13, 2009 at 6:21 PM
  2. The Riddler_
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    It's an Obamanation

    Thanks for the info.
    How can it devalue the dollar if it's funding operations?
    He seems to know what he's doing.
     
  3. Unread #42 - Mar 13, 2009 at 6:41 PM
  4. קּאָףּ
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    It's an Obamanation

    i agree with the riddler__
     
  5. Unread #43 - Mar 13, 2009 at 7:15 PM
  6. DropKick Murphys
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    It's an Obamanation

    Where do you think they are getting the money? They are deficit spending, just printing new money to be spent. If you can't understand why that would devalue existing money you're an idiot.
     
  7. Unread #44 - Mar 13, 2009 at 8:28 PM
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    It's an Obamanation

    They're using tax money.....Or atleast I thought they were?
     
  9. Unread #45 - Mar 13, 2009 at 9:29 PM
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    It's an Obamanation

    Well part of it may be tax money but they simply cannot get that much money from the population. That is where deficit spending comes it - spending money you don't have. While I morally have a problem with taxes, spending money you don't have is even worse.

    I can understand your previous statements now if you didn't realize it wasn't tax money ;)
     
  11. Unread #46 - Mar 13, 2009 at 9:43 PM
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    It's an Obamanation

    After watching program after program, I didn't hear anyone mentioning printing more money.

    I'll look more into it, Thanks!

    ~ Riddler
     
  13. Unread #47 - Mar 14, 2009 at 12:42 AM
  14. theripcity32
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    It's an Obamanation

    No one is printing more money. That's what you assumed. Like I said before, we're borrowing this money from foreign economies.
     
  15. Unread #48 - Mar 14, 2009 at 1:04 AM
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    It's an Obamanation

    The value of the dollar is not based upon a precious metal, it's based upon the number of dollars in circulation. The more money is pumped in, the more money is in circulation, the less each individual dollar is worth.
     
  17. Unread #49 - Mar 14, 2009 at 2:14 AM
  18. The Riddler_
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    It's an Obamanation

    Yes I know that, but that was before I knew they were printing money, please read above ^^ :eek:
     
  19. Unread #50 - Mar 14, 2009 at 2:30 AM
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    It's an Obamanation

    They don't have to actually print more money for inflation to go up. It just has to be in circulation.
     
  21. Unread #51 - Mar 14, 2009 at 2:49 AM
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    It's an Obamanation

    Stop using made up stats, let alone "verified" stats to use as false proof for a ridiculous idea, such as this. What are you trying to say? You can gauge some sense of Obama's sucess this early in the game? What eyes should I look through? Eyes that see oh blah blah the economy is bad. Let me cry in a corner and wait for Obama to wave his magic wand to make something happen
     
  23. Unread #52 - Mar 14, 2009 at 3:20 AM
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    It's an Obamanation

    - The pointless war resulted in the capture/execution of over 20,000 TERRORISTS WITH GUNS AND BOMBS
    - There was no recession, just the US wanting to panic. Besides, everyone was pissed at Bush's million dollar bills...Hell Obama has a fucking 700 BILLION DOLLAR bill
    - The rich got richer by working, the poor stayed poor because they were too fucking lazy to work. Obama has made it to where the rich give money to the lazy asses who don't want to work, basically a communist country
    - Your eyes may be open, but looking at the wrong thing
     
  25. Unread #53 - Mar 14, 2009 at 3:21 AM
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    It's an Obamanation

    How can money, sitting, lose value? Nothing is being added, and few is being subtracted. I know how the money can become inflation, but I'm not understanding how your wording it.
     
  27. Unread #54 - Mar 14, 2009 at 6:31 AM
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    It's an Obamanation

    Governments should be run along the buisness cycle.

    They can run a deficit for a few years as long as over a ten year period they aren't running deficits.
     
  29. Unread #55 - Mar 14, 2009 at 10:14 AM
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    It's an Obamanation

    If other country's see that America is not doing so well, they are more likely not to do business with them. They can also ban the usage of the money in their lands. I remember a year or so ago (probably longer now) that India actually was not accepting American money, therefor decreasing the value of it.
     
  31. Unread #56 - Mar 14, 2009 at 2:33 PM
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    It's an Obamanation

    - A war that is mainly fought by us and we really shouldn't be a part of.
    - There wasn't one as big, but there was.
    - 700 Billion is used to fix what Bush didn't
    - The people who lost their jobs. I doubt they were lazy, especially when the government pays credit card companies money to give to their customers, but they keep it for themselves.
    - I think not.
    K, thaks!
     
  33. Unread #57 - Mar 14, 2009 at 3:00 PM
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    It's an Obamanation

    I don't think you're fully understanding the concept of inflation. More money can't be created out of thin air without decreasing the value of existing currency. Read here for a perfect example of the negatives of this situation: http://en.wikipedia.org/wiki/Zimbabwean_dollar
     
  35. Unread #58 - Mar 14, 2009 at 3:52 PM
  36. Shredderbeam
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    It's an Obamanation

    It's losing value because it's newly created money that is being actively circulated. The money is being spent by corporations commissioned to build for the government, by consumers who get a tax refund, and by the banks who get huge loans.
     
  37. Unread #59 - Mar 14, 2009 at 4:02 PM
  38. The Riddler_
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    It's an Obamanation

    I know that if money is printed it will decrease the value.....read the above posts

    And thanks shredder for the info.
     
  39. Unread #60 - Mar 15, 2009 at 10:27 PM
  40. Marinock
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    It's an Obamanation

    Your eyes have never been OPEN!
    1.9/11 the government-BS
    2.Freakin demo's who started this, i bet i bet! if your dog or whatever dies torrow u'll blame it on bush...

    -He certainly did not start this Recession
    -Pointless war? So you just want people to come here and attack us? Shall 9/11 restart?

    Obama is a terribal president..... in the next 20 years, mark my words! that America will fall sadly, all because these these ballouts, hey u know what Riddler? Guess who gets to pay for the enjoyable bailout?
    WE DO! WOOT! INCREASED TAXES SWEET!
    .........................................no........... open your eyes and show some respect,and hopefuly bring back the old america =/
     
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