Question:

Would the U.S. Dollar be worth more if it was signed by Warren Buffett than those clowns at the Treasury Dept?

by  |  earlier

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I was just joking, folks!

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4 ANSWERS


  1. The signature doesn't change the value of currency.


  2.      Yuman has the right idea. I'd like to add that prosperity comes from productivity. we have a rather bad business climate in a lot of ways. Lawyers and environmentals add a lot of expense and uncertainty to manufacturing and resource industries.  Notice how the price of oil dropped 40%, just from Pres Bush talking about producing our own oil?    Why should foreigners endlessly send us useful stuff, in return for debt?

  3. Maybe if it was signed by GWB, McSame, since most Americans voted or vote for them.

    Excuse me, I have to throw up.  

  4. Neither the treasury dept nor Mr Buffett has the power to dictate the value of the dollar. It is the Congress and the president that determine how much debt we take on. The corporations and citizens determine how much we import and consume and how much we produce and export. If we are a net importer, the net flow of dollar is outward and its value will drop. The Federal Reserve controls the money supply, which has great effect on the value of the dollar.

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