I’ve been reading a bit recently on the decline of the dollar. Anyone care to speculate how and when a devaluation of the dollar would effect the prices of UK, etc., offerings in the USA?
Dollar Devaluation Effect On Prices
- Thread starter puff_not_snuff
- Start date
SmokingPipes.com Updates
Watch for Updates Twice a Week
PipesMagazine Approved Sponsor
Site Sponsors
PipesMagazine Approved Sponsor
PipesMagazine Approved Sponsor
PipesMagazine Approved Sponsor
PipesMagazine Approved Sponsor
- Status
Same as always IMO - supply and demand. Macro economics probably doesn’t come into it as far as currency valuations any more than it ever has. One possible exception being recession / depression and high unemployment figures might scare people away from large amounts of discretionary spending but then again booze and tobacco products generally outpace other consumer goods in those scenarios historically.
We were in a period where the dollar was pretty high. I’d say it’s getting back to normal. I don’t believe it will have any real effect on pricing.
for a while a dollar was almost equal to the Euro.
This is a good read.
seekingalpha.com
The U.S. Dollar Is In Trouble
The US federal debt is over $25.5 trillion and the current actual federal budget deficit is $3.4 trillion. The EU and China have been setting up separate econom
seekingalpha.com
This is a good read.
The U.S. Dollar Is In Trouble
The US federal debt is over $25.5 trillion and the current actual federal budget deficit is $3.4 trillion. The EU and China have been setting up separate econom
So from the title of your link (of course I didn't read it) I gather that I should buy as much tobacco as I can. Yeah, that's it...
When the dollar collapses, and civilization comes to a halt I will be living like a post-apocalyptic king smoking my mountain of Embarcadero and using Captain Black Grape as currency.
I'm sure my wife will buy that argument...?
*logs on to smokingpipes*
- Status