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  1. #1
    us
    Mar 2005
    Vegas
    2,521
    24 times
    All Types Of Treasure Hunting

    Please dumb it down for my friends

    I tried to explain what the falling dollar means to my co-workers but I'm just not getting thru to them. Could someone lay it out on a third grade level for me so I can tell them what the country is going thru. Perhaps some worst case scenarios, too. Thanks in advance!
    Last appearance in pocket change:

    Wheat penny - 1958D (5/9/14)
    Silver - 1928P dime (12/5/11)
    Dollar coin - 2007P (Jefferson) (8/12/13)

  2. #2
    us
    Random chance seems to have operated in our favor

    Oct 2004
    Oklahoma
    6,891
    4 times
    Honorable Mentions (1)

    Re: Please dumb it down for my friends

    Immy, tell them it means that people won't be able to afford the 1-2 X a month junkets. Thus, the casinos are going to put in automated blackjack/craps machines and layoffs would then be inevitable. lol

  3. #3
    us
    Aug 2007
    NJ
    EXCAL 2, SOV. GT
    11,310
    101 times
    All Types Of Treasure Hunting
    Banner Finds (1)

    Re: Please dumb it down for my friends

    Tell em we are in deep chit.. its the truth
    Live your life in such a way, that when your feet hit the floor  in the morning, satan shudders and says, OH CHIT, SHE'S AWAKE.

  4. #4
    us
    Mar 2005
    Vegas
    2,521
    24 times
    All Types Of Treasure Hunting

    Re: Please dumb it down for my friends

    Quote Originally Posted by stoney56
    Immy, tell them it means that people won't be able to afford the 1-2 X a month junkets.
    Already happening stoney. There's a city-wide slowdown that's not talked about much in the media. And it started in January when gas was still below $3.
    Last appearance in pocket change:

    Wheat penny - 1958D (5/9/14)
    Silver - 1928P dime (12/5/11)
    Dollar coin - 2007P (Jefferson) (8/12/13)

  5. #5
    us
    Mar 2005
    Vegas
    2,521
    24 times
    All Types Of Treasure Hunting

    Re: Please dumb it down for my friends

    Quote Originally Posted by Bootybay
    Tell em we are in deep chit.. its the truth
    But they don't understand why, BB. It's a chore explaining it in terms that don't ellicit blinking stares of confusion.
    Last appearance in pocket change:

    Wheat penny - 1958D (5/9/14)
    Silver - 1928P dime (12/5/11)
    Dollar coin - 2007P (Jefferson) (8/12/13)

  6. #6

    Mar 2005
    Minelab Explorer SE/Garrett GTI 2500/ Ace 250
    6,873
    11 times

    Re: Please dumb it down for my friends

    as Ross Perot once said "people that make computer chips make more than people that make potato chips".........oh yeah, we dont make anything in this country anymore which explains why the dollar aint worth squat.
    GTI 2500/ACE 250

  7. #7
    us
    Dec 2004
    Troy X5
    7,135
    8 times
    All Types Of Treasure Hunting

    Re: Please dumb it down for my friends

    lots of bull chips in comgress being made
    All animals are equal, but some are more equal then others. -George Orwell

  8. #8
    us
    Aug 2007
    NJ
    EXCAL 2, SOV. GT
    11,310
    101 times
    All Types Of Treasure Hunting
    Banner Finds (1)

    Re: Please dumb it down for my friends

    Immy
    tell em to read the newspapers and watch the news.. my god if they are that dumb they deserve it lol
    Live your life in such a way, that when your feet hit the floor  in the morning, satan shudders and says, OH CHIT, SHE'S AWAKE.

  9. #9
    us
    Dec 2004
    Troy X5
    7,135
    8 times
    All Types Of Treasure Hunting

    Re: Please dumb it down for my friends

    Quote Originally Posted by Bootybay
    Immy
    tell em to read the newspapers and watch the news.. my god if they are that dumb they deserve it lol
    Sheeple =herd mentality
    All animals are equal, but some are more equal then others. -George Orwell

  10. #10
    um
    Feb 2007
    Please don't yell !
    1,770
    1 times

    Re: Please dumb it down for my friends



    http://www.thegoldenolde.com

  11. #11
    Smee

    Re: Please dumb it down for my friends

    Quote Originally Posted by Bootybay
    Immy
    tell em to read the newspapers and watch the news.. my god if they are that dumb they deserve it lol
    Well said.

    "The news is boring" and no one reads anymore. Use it to YOUR advantage and keep quiet.

  12. #12
    Smee

    Re: Please dumb it down for my friends

    MD, I didn't recognize ANY of the cartoon characters in your movie. That will stop most of the people today from watching, so it's kind of a waste for someone who can't understand the facts . . .

    But (personally) I thank you for posting it and am going to make my daughter watch it this evening. Should add to her homeschooling.

  13. #13
    us
    Feb 2007
    East Central Florida WP
    Whites XLT / M6
    2,535
    10 times

    Re: Please dumb it down for my friends

    Quote Originally Posted by Smee
    MD, I didn't recognize ANY of the cartoon characters in your movie. That will stop most of the people today from watching, so it's kind of a waste for someone who can't understand the facts . . .

    But (personally) I thank you for posting it and am going to make my daughter watch it this evening. Should add to her homeschooling.
    Maybe they should have used Barney and friends. A purple dinosaur would be recognized for sure.
    Ray S ECenFL
    Wolf Pack Member

  14. #14
    us
    Jun 2005
    511
    1 times

    Re: Please dumb it down for my friends

    It means that a barrel of oil (value of the dollar is but one factor) or an ounce of gold costs more dollars than it used to.

    American goods, such as hollywood movies and .....and.....( I can't think of anything else we manufacture) will be easier to sell overseas because they will cost fewer euros, yen, etc. We will likely see more foreign tourists because their vacation money will buy more here than it will in Europe.

    If you want to buy a rifle manufactured in Belgium you will have to pay more dollars for it, because it takes more dollars to equal a euro. If you want to buy a camera made in Japan you will have to pay more dollars for it. If you want to import saltpetre from Chile to make fertilizer it will cost more dollars. Anything we buy on the world market will cost more dollars. Anything we sell on the world market will cost fewer euros, yen, wan, etc.

  15. #15

    Nov 2007
    ND
    27

    Re: Please dumb it down for my friends

    Try this example. A year ago you were in Canada, say for examples sake at that time that a dollar US was = to a dollar Canadian and a can of soda cost a dollar there. With your US dollar being of the same value as the Canadian dollar you could buy one can of soda.

    But lets says that a US dollar is now worth .50 on the Canadian dollar and the can of soda in Canada still costs a dollar Canadian. Now it is going to take TWO US dollars to buy the 1 dollar can of soda in Canada (2.00 american x .5 relative value to Canadian = one dollar Canadian).

    Hope this helps.

 

 
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