Why do most Americans not realize their dollar is being devalued big time?

Question

This is the biggest reason why the oil prices are so high.

Answer 1

Cuz many folk down here are sheeple. They believe only what the govt and the corrupt news tells 'em. Ya really think the fed will come out and tell us they are trashing our dollar on purpose? Me thinks not!

Answer 2

I was wondered the same thing.  It seemed like a DUH to me, but none of the news people mention this.

Answer 3

Well what can we the people do about it?

Answer 4

The American people love huge government. And the government is sucking so much money out of the economy, things are going in the toilet. And the worse things get, the more government the people demand. I'm glad I am old. This is going to get very bad. Look at the USSR and Cuba.

Answer 5

they never go abroad.

Answer 6

the reason oil prices are high is world consumption of oil is up its called supply and demand the recent success of China has made huge impact on oil usage

Answer 7

Yeah.  We've become a debtor nation.  We consistently run a trade deficit.  Our currency is well on it's way to being worthless.  We need a president who will lower corporate taxes, stop penalizing manufacturing industries with burdensome regulations and get our economy moving again.  

Thanks to the morons we'll get either a socialist who inspires hope or an old man who barely knows he's actually running for president.

Vote Barr '08

Answer 8

The euro was worth about 1.38 dollars about a year ago, and it's at 1.58 now. That's a jump of 15 percent or so -- significant, but not the whole story. Demand certainly has played a part in it as well.

But I think you are right in that the weakness of the dollar has played an underreported role in the story.

Answer 9

Their too busy chanting along with Obama: "Hope and Change"

People need to start waking up. The reason why the dollar is being devalued is because the Federal Reserve keeps printing money without backing it. Both major party candidates know this but won't tell you or do anything to stop it...