The Dollar Is Dying a Slow Death, Says Niall 'Ascent of Money' Ferguson

Once this occurs, it will be a new day in America. We'll have to earn the money we spend, as the amount we can borrow will be reduced sharply. This will cause enormous pressure on wages and living standards.

I hurts but I agree with him. We still have time to turn it around but the big question is do Americans have the will? Much of the Americans savings that get to Wall St. via 401ks, IRAs, Pensions, etc. allowed them to invest our money overseas including China and India. The first step is to rid ourselves of the parasites in government as Congress caused this decay. Wall St. would not have gotten away with the theft of America if Congress didn't allow it. No Senator should be in office more than 2 terms (12 years) and no Congressmen/women should be in office more than 3 terms (6 years) otherwise they do too much harm to us all. VOTE OUT the INCUMBENTS in 2010...

I believe that the dollar will bottom out in the low to mid 60s as long as Benny and Timmy keep printing those new greenbacks. We need to replace our leaders as we still have those in office that caused the crisis. I hurts but I agree with him. We still have time to turn it around but the big question is do Americans have the will? Much of the Americans savings that get to Wall St. via 401ks, IRAs, Pensions, etc. allowed them to invest our money overseas including China and India. The first step is to rid ourselves of the parasites in government as Congress caused this decay. Wall St. would not have gotten away with the theft of America if Congress didn't allow it. No Senator should be in office more than 2 terms (12 years) and no Congressmen/women should be in office more than 3 terms (6 years) otherwise they do too much harm to us all. VOTE OUT the INCUMBENTS in 2010.

Too bad Bush, Pautson weren't Harvard men...of course if they were they wouldnt have made offices anyway. Jonny Q Public like to keep t simple....say GMC, GE, KFC, GW, Jeb etc....any more complicated than Disney World doesn't make it

This guy is a British Propagandist! Plain and simple. He has no particular expertise on this subject. Rather, he is well connected in high academic circles and is therefore given a bully pulpit from which to speak. As to the dollar, this is all in the hands of the US government. A change in policy could rescue the dollar and preserve the American economy. But, of course, this will anger the international banking community, hence will be rejected.

Looks like the Gordon Geckos are getting thier way. But ther run will soon be over. JUDGEMENT DAY is almost here!

This guy thinks he's got a better Pot to Piss in.

MORE GOOD NEWS! HOUSING TOOK A DUMP AND THE MARKET IS STILL GOING TO OPEN HIGH. THAT'S GREAT NEWS. THERE IS ONE WAY AND ONLY ONE WAY TO MAKE YOU MONEY BACK AND THAT IS TO BUY THIS MARKET UP. WE HAVE ALREADY PROVEN THAT REGARDLESS HOW PROFITS ARE MADE, THEY ARE STILL PROFITS. REAL ESTATE SUCKS WE ALL KNOW THAT. BIG DEAL. THAT'S WHAT WE HAVE THOSE GUYS IN WASHINGTON FOR. LET THEM FIGURE IT OUT. WHAT EVER THEY DO, IT IS GOING TO MAKE THE MARKET GO UP AND THAT'S ALL YOU NEED TO WORRY ABOUT. YOU CAN HELP. YOU CAN DO YOUR PART. IT'S CALLED BUY STOCKS. BIG ONES SMALL ONES FAT ONES SKINNY ONES. BUY THEM BUY THEM ALL. THERE IS ALWAYS SOMEONE OUT THERE SELLING AND YOU NEED TO MAKE SURE YOU ARE BUYING. WE WANT 11000 BY THANKSGIVING.

as long as people are dumb enough, or have no choice but to show up and work themselves poorer and poorer, the dollar will hold. Untill people can figure out how to vote this game will go on forever.

Hey Dollar Denominated Debt Drives Dollar Demand Dude: You've got supply confused with demand.

You know what a 'hasa' is Frank?

Popoy are you going negative?

But China peged its Yuan to dollar so once they let it fly / fall; we'd have a blast.

Greenspan pounded down interest rates because he thought it was his job to make the stock market happy. Bernanke pounded down interest rates because he thinks his job is to save the economy. There are consequences to these actions, in this case the tanking dollar. And who wants to raise interest rates now, in the midst of a recovery? That's right -- nobody.

Greenspan pounded down interest rates because he thought it was his job to make the stock market happy. Bernanke pounded down interest rates because he thinks his job is to save the economy. There are consequences to these actions, in this case the tanking dollar. And who wants to raise interest rates now, in the midst of a recovery? That's right -- nobody.

Greed shipped your jobs, idea's, machines and knowledge oversea's, in exchange for some cheap material junk. How dark do you like your toast?

Popoy, where do you find this stuff?

Doesn't the bible talk about one world currency toward the end of time? It looks like this is where we are headed with the EURO coming on strong and the dollar weakening. Just watch there will be 1 world currency just like the bible predicted thousands of years ago. I am thinking Christians are not so crazy and maybe do have this thing right.

The reserve currency will be with whichever country owns the most physical gold. Get Chinas currency freely tradable in the market and stop everyone using stabilisation funds to manipulate their own currency and the market will balance the world economies.

YOU PEOPLE SUCK. SELLING IS FOR POOR PEOPLE. BUYING IS FOR RICH PEOPLE. DO YOU WANT TO BE RICH OR POOR? I WANT TO BE RICH SO I AM BUYING. YOU SHOULD TOO.