Topic: Depreciation of the Dollar
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Why is us dollar depreciating?
The Dollar is becoming less valuable because of Fort Knox having less gold in the bank than the amount of dollars that the government is printing. Read More »
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What is the depreciation of a dollar?
Since 2002, the U.S. dollar has depreciated over 40 percent against a basket of major currencies. Read More »
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What are the reasons for the depreciation of dollar in the curren...
The year of 2004 was the third consecutive year for the depreciation of US dollar against the Euro-dollar. When entering 2005, the exchange rate of US dollar once showed a tendency of rise, however, it was still unstable. On 30 Dec. 2005, t... Read More »
Source: http://wiki.answers.com/Q/What_are_the_reasons_for_the_depreciati...
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Depreciation of the Dollar
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In simple terms Americans are spending more and more money on credit and making big investments like buying a house or a car, this inturn has a negative effect on the economy as no real money is put into circulation. Just like the 1920s whe...
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Source: http://wiki.answers.com/Q/Why_it_becomes_more_expensive_for_peopl...
Depreciation of the dollar would mean devaluation or reduction in value.
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Contrary to what Reid says gold does not give the dollar its value. The dollar, like every other currency in the world, is a pure fiat currency meaning the only thing that gives it value is the trust people have in the government not to pri...
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Source: http://answers.yahoo.com/question/index?qid=20090803193625AAKhOI3
Bush's agenda
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I dont study economics but i know that if the dollars is deprecianted imported goods will be more expensive for example if 1 euro equals 1dollar and you buy a 60 euro TV it will cost 60 dollars (i am disregarding the shipping from europe to...
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Source: http://answers.yahoo.com/question/index?qid=20070925111540AAGugyC
When the dollar depreciates (dollar price of foreign currencies rises), U.S. exports rise and U.S imports fall.
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Source: http://wiki.answers.com/Q/What_are_the_economic_effects_of_a_depr...