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The Demise of the Dollar
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billybob
Posted 10/6/2009 07:06 (#872866 - in reply to #872793)
Subject: RE: The Demise of the Dollar


68340

Interesting.  It is apples and oranges to a degree.

Yes, what farmes buy may be still made in America, but the builders of what we buy may be buying what they need from outside of America.  Would this not affect what farmers need to buy?

Earlier post pointed out the the dollar was once at 88-89 earlier this year and now it is at 77 or so. That is an appox. 12.5% decrease in the buying power of the dollar to other parts of the world.  It has not yet been a whole year since it started at 88-89 and may go down more.  So if it held at 77 would we not have an inflation rate on world purchased goods of 12.5% that in part would be pasted on to the consumer? 

I don't get to excited about it because I can not change what is happening.  I guess I could go out and buy some foriegn currency, but that is not me.  Safe and steady as we go. 

Yes, I just need to do the best job of marketing my grain as possible and not let the dollar value change affect my marketing. 

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