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Threatening Petroeuro?

Oliver said:
No, no. I asked you for your personal opinion since you're continually "demonstrating" :rolleyes: that you're much wiser than me - on which I didn't disagree about this issue, as you might have noted in the OP.

So? What is your opinion?
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I gave you my personal opinion long ago (re-read the thread), and it is that a) you're oversimplifying the issue for lack of knowledge or economical mechanisms, and b) you should stop to speculate (with the usual glee of the "bash-America" crowd) on the basis of things you're ignorant of (like in your latest intervention in Latentaaack's thread ... ).

Since it is the same opinion as that of many people on this thread, and you did systematically misunderstand what you didn't outright dismiss , I don't see why I should go out of my way ... but feel free to keep playing the victim of "impoliteness", we all appreciate a bit of comedy.
 
Flo said:
I gave you my personal opinion long ago (re-read the thread), and it is that a) you're oversimplifying the issue for lack of knowledge or economical mechanisms, and b) you should stop to speculate (with the usual glee of the "bash-America" crowd) on the basis of things you're ignorant of (like in your latest intervention in Latentaaack's thread ... ).

Since it is the same opinion as that of many people on this thread, and you did systematically misunderstand what you didn't outright dismiss , I don't see why I should go out of my way ... but feel free to keep playing the victim of "impoliteness", we all appreciate a bit of comedy.
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It isn't comedy at all - it's a fact.

And by the way: I don't feel in any way like a victim.

I merely feel that the Thread is the victim of off-topic remarks.

You can spin it all day long - that's the fact.
 
Flo said:
Young man, some advice on politeness:
- it isn't polite to initiate multiple threads on basically the same subject (aka America = evil, and why don't people agree with my point of view).
- it isn't polite to initiate a thread on a subject without first informing oneself about the issues one is willing to discuss.
- it isn't polite to demand that people do your homework for you.
- it isn't polite to pretend people have not answered when they have done so.
- it isn't polite to ignore informations, and corrections provided to you.
and finally,
- it isn't polite to whine when you're reminded all of the above.

Now, have a good look at http://www.internationalskeptics.com/forums/showpost.php?p=2848856&postcount=41

then run to the nearest library and inform yourself on currencies and commodities trading before writing any further into this thread. Just so you know, before working in the health field I worked in trading (commodities and currencies) for a swiss bank for a few years ...
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You had me at "young man."

*tips cap*

DR
 
Darth Rotor said:
You had me at "young man."

*tips cap*

DR
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Flo is quite a tough poster; courteous but honest, and always very well-informed and to the point. I've already decided Flo is one of those I would not take on unless I could get a secret camera focused on Flo's hand of cards. Besides which, Flo ain't said anything yet anywhere I deeply disagree with at all.
 
Flo said:
Young man, some advice on politeness:
- it isn't polite to initiate multiple threads on basically the same subject (aka America = evil, and why don't people agree with my point of view).
- it isn't polite to initiate a thread on a subject without first informing oneself about the issues one is willing to discuss.
- it isn't polite to demand that people do your homework for you.
- it isn't polite to pretend people have not answered when they have done so.
- it isn't polite to ignore informations, and corrections provided to you.
and finally,
- it isn't polite to whine when you're reminded all of the above.

Now, have a good look at http://www.internationalskeptics.com/forums/showpost.php?p=2848856&postcount=41

then run to the nearest library and inform yourself on currencies and commodities trading before writing any further into this thread. Just so you know, before working in the health field I worked in trading (commodities and currencies) for a swiss bank for a few years ...
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Flo, I love you. If I weren't a girl myself, I'd ask you to run away with me.
 
Gurdur said:
Flo is quite a tough poster; courteous but honest, and always very well-informed and to the point. I've already decided Flo is one of those I would not take on unless I could get a secret camera focused on Flo's hand of cards. Besides which, Flo ain't said anything yet anywhere I deeply disagree with at all.
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I would deeply resent all these nice posts about Flo if they weren't true.
 
Gurdur said:
Flo is quite a tough poster; courteous but honest, and always very well-informed and to the point. I've already decided Flo is one of those I would not take on unless I could get a secret camera focused on Flo's...
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For a minute I thought you were saying that you wouldn't take her own unless you had sufficient blackmail material.
 
Matteo Martini said:
...I really thought you were a man, with the passion of old queens...
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Someone needs to learn some advanced English slang and vocab. ;)

Matteo, your sentence doesn't quite mean what you think it does, or at least it can easily be misunderstood in a fully different way.
 
Puppycow said:
Even if every oil-producing country in the world started accepting Euros, Yen, or whatever as payment for oil tomorrow, would that have a really big impact on the dollar or just a small impact?
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Very good question. And while there are many hypotheses floating around, it should be kept in mind that a scenario like this would be unprecedented, and its results hence unpredictable.

Also, if having a strong currency is good, why does it seem like so many countries (Notably Japan and China) actually try to keep their currency weak? There must also be good things about having a weak currency.
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Countries where consumers save much and spend little depend on exports for economic growth. So they benefit from a weak currency.

So if the US dollar fell, there would be good aspects to that for the US economy, such as the trade deficiet would go down, presumably.
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In theory, yes. In practice the dollar declined significantly against the Euro between 2002 and 2005 - €1 went from $0.85 to $ 1.35: url
But during the same period the US monthly trade balance declined from -$30 billion to -$60 billion: url
Outside high-school economics classes no good is perfectly price-elastic. Some, like oil, are even fairly inelastic. Hence a declining dollar will increase the dollar-value of imports, even though its volume decreases.

Increased exports will have to make up the difference. But much of the US economic base is unsuited to that. For example, lawyers, salesclerks and basic healthcare professionals don't produce anything that can be exported. To export you need to expand production of manufactured goods, but it takes years to train skilled workers, construct manufacturing plants and develop suitable export goods.

For US workers, and US-based producers of goods it would seem to be a good thing. For consumers, less good, but maybe Americans could actually stand to (horrors) consume a little bit less?
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I doubt it's that simple. A significant increase in the cost of living due to more expensive imports might make many poor Americans who rely on imported essential goods go bankrupt. Wealthier people may very well reduce their savingsrate (which is already around zero in the US) to keep up their standard of living before they reduce consumption of imported goods.

The outcome would at best be unpredictable. And considering that the US is more or less on top of the world, the only other way to go is down.

edited to add:
Additionally, this link provides more evidence that a declining dollar is more likely to hurt the US balance of trade than help it.
 
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Gurdur said:
Someone needs to learn some advanced English slang and vocab. ;)

Matteo, your sentence doesn't quite mean what you think it does, or at least it can easily be misunderstood in a fully different way.
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A man with the passion of old queens.
How can this be misunderstood?
 
Matteo Martini said:
A man with the passion of old queens.
How can this be misunderstood?
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It could easily be understood as if you were saying Flo was an elderly homosexual man with very effeminate and loud ways.

Like I said, English argot is good for a suprise or two; best to learn it to avoid such pitfalls.
 
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