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Thread: Weak dollar will force us to spend less/produce more?

  1. #1

    Weak dollar will force us to spend less/produce more?

    I was wondering if the long term consequences of a very weak dollar would cause a shift from spending/consuming to producing more and more balanced trade? After a while I mean, not right away of course but over a period of time people would be forced to import less and produce more in America?

    I'm just wondering, no one bite my head off!



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  3. #2
    I reckon so, but it's been a while since I read about the great depression.
    Quote Originally Posted by Torchbearer
    what works can never be discussed online. there is only one language the government understands, and until the people start speaking it by the magazine full... things will remain the same.
    Hear/buy my music here "government is the enemy of liberty"-RP Support me on Patreon here Ephesians 6:12

  4. #3
    considering we produce next to nothing, production has to increase.
    you can buy now using an elevated dollar to get in on things that are poised to go way up when the dollar collapses. If he's right, and I think he is, his profits are going to be ridiculous. I've already showed by referencing some mining stocks that you can make a killing in this market playing Schiff's investment strategy.

    -theoakman, RPF 1/26/09.

    Oh what a difference 10 months makes. Deflationists, where are thou?

  5. #4
    Well wouldn't it force us to produce a lot and import a lot less....?



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