O.K. I'm a little confused - my edubecation taught me that if you inject (print) money into the system with things like a bail out, lowered interest rates, etc.. you end up with inflation.
That SHOULD cause the value of the dollar to drop.... (the main reason we've been paying 100+ dollars a barrel for gas for the last several quarters.)
However, we've injected like a trillion into the economy, billions in Iraq, national debt is higher than ever --- and our dollar value is rising.
Doesn't make sense to me - even factoring in the same economic issues other countries are having. Our national debt is so high it's worth more than america is worth - we're "bankrupt" to the point where if we were filling for it we couldn't even get chapter 13. How the heck is our dollar value rising?
Spread some light?
That SHOULD cause the value of the dollar to drop.... (the main reason we've been paying 100+ dollars a barrel for gas for the last several quarters.)
However, we've injected like a trillion into the economy, billions in Iraq, national debt is higher than ever --- and our dollar value is rising.
Doesn't make sense to me - even factoring in the same economic issues other countries are having. Our national debt is so high it's worth more than america is worth - we're "bankrupt" to the point where if we were filling for it we couldn't even get chapter 13. How the heck is our dollar value rising?
Spread some light?