Dollar Value Devaluation

[sarpras]

Dollar value reduced in front of Indian Rupees. Now 1dollar=41Rs. Dollar devaluation also causes for reducing my income.

Therefore, I will want to discuss about dollar devaluation. Post your opinion.

[merjoem32]

I also rely on the value of the dollar so i am affected as will. If the dollar devaluates so does my income. I hope that the dollar will recover.

[robertlaf]

Sorry, but I don't think it will get any better. I wish it would stabilize though. I bought some gold and silver and it has tripled, bad news as big investors see a weakening dollar but that has stabilized. . I am sorry we have a President acting like a liberal Democrat spending like a drunken sailor here in US with the help of Congress which was Republican for awhile and they are supposed to be the less govt. and less spending ones! Bush's economic policies have caused a weakened dollar, more inflation etc. and it affects every nation.
I don't know how it affects global economy that well but it has to affect it negatively when Congress spends money they don't have. We are getting bankrupt here in America with out of control deficit spending. It is the worse it's ever been, EVER . The Inspector General of the US is going around to conferences warning people in US of an economic meltdown if we aren't careful it was reported on 60 Minutes.
Today I was thinking they may devalue the dollar in US one day with an act of Congress to make up the debt. China owns so much US currency they could bankrupt us it has been said but they would lose a lot of money.
The only change would be to get some fiscal politicans elected to Congress and most importantly to president.
I am sure there is some good economic news. The internet is the reason America isn't in a recession, there is no doubt in my mind .
And Dems now say taxes on internet are cioming in Nov.
There is my rant, I know nothing about e-commerce but I do know something about economics but some people may disagree with me.