How overvalued is the dollar?

Discussion in 'Economy & Infrastructure' started by trackwhack, Jun 5, 2012.

  1. trackwhack

    trackwhack Tihar Jail Banned

    Joined:
    Jul 20, 2011
    Messages:
    3,757
    Likes Received:
    2,573
    China can buy every hectare of US farmland with its treasury holdings and other reserves. Remember the time the US dollar was so powerful, just a million dollars bought Alaska? I wonder why no one likes to talk about what is really happening.

    Mods please change the thread title. :)
     
    Last edited: Jun 5, 2012
  2.  
  3. pmaitra

    pmaitra Moderator Moderator

    Joined:
    Mar 10, 2009
    Messages:
    31,663
    Likes Received:
    17,163
    Location:
    EST, USA
    I will change the thread title, but to what? Should it be, "How overvalued is the dollar?"
     
  4. trackwhack

    trackwhack Tihar Jail Banned

    Joined:
    Jul 20, 2011
    Messages:
    3,757
    Likes Received:
    2,573
    correct :)

    thank you.
     
    Last edited: Jun 5, 2012
  5. asianobserve

    asianobserve Elite Member Elite Member

    Joined:
    May 5, 2011
    Messages:
    7,308
    Likes Received:
    2,976
    (irrelevant)
     
    Last edited: Jun 5, 2012
  6. mylegend

    mylegend Regular Member

    Joined:
    Nov 30, 2011
    Messages:
    430
    Likes Received:
    96
    The dollar is about the right price right now. It is not a bit over value because value is relative. US economy right now fared well against European. We all know what is happening to the Euro Zone right now... Because the crisis in Europe, funds have been fled toward countries like Japan and US for safety. Devoloping nation are traditional regarded as unsafe, so investor have no choice but to fled to Dollar and Yen as safe haven the only safety haven. Country like Brazil also attract alot of capital, but its economy isn't big enough.
     
    Last edited: Jun 5, 2012

Share This Page