Author Topic: US Dollar Plummeting  (Read 1634 times)


In Russia Vodka is used for everything. I saw we use Vodka as money. Plus you can drink it so there won't be much inflation.

is there some kind of source on this bit of information or is it just a guess

Yeah, really OP, you need more information. I remember during the whole Euro crCIA, the dollar actually got stronger because people started investing in them rather than the Euro because they were afraid of the possibility of a Greek Bailout.



I don't understand economics, but this sounds stupid to me. A $5 car wash here isn't a 5 dinar car wash there.
That isn't how money works, the units change with the value, just because the main unit of currency is worth more doesn't mean you get any more value, you would get the same it would just be called something else, eg
a 5$ car wash here would be essentially 1.75 dinar there.

Fun fact: the first currency used in Australia was rum, we should start that up again.

That's what I was saying. He seemed to be implying, at least to me, that that's how it worked.

..? do you have any idea what a stock exchange is? it's a place where people exchange stocks. has nothing to do with going to another country for work..

A base form of stock exchange is getting a currency before it rises in value and trading it in after that in order to make profit, you could also convert your currency into another currency which is worth more and then swap it back to increase your investment, it's essentially trading the stocks of countries as opposed to the stocks of companies.
That being said it's not a very good way to make money, it's relatively easy to know when to trade currencies but the changes in value are almost completely negligible and so is your profit, it's still a basic form of stock exchange though which was my original point
« Last Edit: October 12, 2012, 02:37:36 AM by Tokthree »

A base form of stock exchange is getting a currency before it rises in value and trading it in after that in order to make profit, you could also convert your currency into another currency which is worth more and then swap it back to increase your investment, it's essentially trading the stocks of countries as opposed to the stocks of companies.
That being said it's not a very good way to make money, it's relatively easy to know when to trade currencies but the changes in value are almost completely negligible and so is your profit, it's still a basic form of stock exchange though which was my original point
http://dictionary.reference.com/browse/stock+exchange?s=t

http://dictionary.reference.com/browse/stock+exchange?s=t

So, what? You want me to replace all instances of "Stock Exchange" in my posts with "Exchanging stocks" or something just because some online dictionary gives a literal definition of "Stock Exchange" as the building in which the actual exchanging of stocks takes place?

So, what? You want me to replace all instances of "Stock Exchange" in my posts with "Exchanging stocks" or something just because some online dictionary gives a literal definition of "Stock Exchange" as the building in which the actual exchanging of stocks takes place?
no, you'd still be wrong.. you were talking about exchanging currencies in the post i originally quoted on the last page or whatever. taking advantage of currency exchange rates =/= stock exchange or exchanging stocks

do you know what stocks are? stocks are shares in a company

a mate of mine plays the forex market constantly so i'll have to see what he's buying up and i'll chuck him some coin for myself

a mate of mine plays the forex market constantly so i'll have to see what he's buying up and i'll chuck him some coin for myself

forex would be interesting
but if i had the extra money i'd rather trade stocks