What do you think American citizens could do to increse the value of the dollar?
358905
The value of the dollar is directly related to the amount of debt our government carries. As an example:\nin 1999 when we were paying down our debt $1US=.618 British pound\ntoday, with our massive debt $1US=0.5483 British pound\n\nThe higher our national debt goes, the less our money, backed by the US government, is worth to the world.
616003
Um... well, that'd be good for us - the Euro is worth less than the U.S. Dollar, right now.  We'd get more oil for less money.
548100
It is about twice as much. So a dollar in the US will be worth about two dollars there.
804254
dollar on a string\n\nlol
157167
Wow.  Um, it's not the amount of physical money we have, it's the *worth* of the physical money.  The gov't can't just print up an extra mil to cover the cost of stuff, that would cause the worth of the dollar to go down compared to other countries money.
681004
Well....as we are only talking about a dollar, forget  it. get over it. move on
256462
If    1 us dollar = 6.4 kyats\nI wanna to exchange as many as I can. :)\n\nIn real life 1300 kyats. :(
1027351
I see two opportunities currently, the Chinese market and metals. For specific currency, investing in the Chinese Market is a great route; this is a boom economy and will be a major superpower/economic power in the future. \n\nAn even better choice would be to change the money into metals, such as gold or silver. As inflation increases and the US dollar decreases, it would be a solid investment to put your money in metal. If I were you and had only $1000, I would invest in silver. I have actually bought silver over the Internet from an exchange and seen a return within the last year.
878332
Im sorry but the people in third world countries are NOT being exploited. I have been to Indonesia (East Timor) twice. They are lucky and fortunate to even have a job. The value of currency in East Timor was 17,000 rupiahs to 1 Dollar when I was there in 2001. I've given dollars to children and fistfights would break-out because their family could live for a week on that amount. So in terms of the dollar, which they recently switched to, they make "crap" to you or me in America but in their country pennies per hour of work is sufficient to live on, so you should think about this from their perspective not yours. If they were paid relative to what we make the whole country would be millionaires in a week and then nobody would work and they would be right back to where they were 5 years ago with rampant inflation leading to another cycle of poverty.
692543
stay well away like a vampire to garlic!\n\nIt will only open the door for more scrongers to cross the boarder and it will reduce the strength of our currency.
1167617
The production of "more money" only lessens the value of the money.  Producing more "dollars" would make the dollar worth less than it is today.  Prices would go up and the value of the dollar would decrease in comparison to other world currencies.\n\nIn other words, it would destroy the US economy completely.
78809
The first thing to do is to have the US manufacture things.  We have a trade deficit because we import nearly everything that we buy.  Americans have traded quality for quantity.  \n\nIf we raise the price of exports, foreign countries won't buy.  \n\nIf we lower savings, well, we can't lower it from pretty much nothing.\n\nPushing the value of the dollar won't work because that's how we fund our government deficits.\n\nWe can't really raise consumption in the US because that's the same as lowering savings.\n\nWe seem to be okay with buying junky plastic toys from China just so our kids can have a house full of stuff that they never play with and that we throw out after 2 years to make room for more junk.
781042
It would have to be offset to some degree with higher tax rates, which could further the tax advantages that investors have over wage earners.  If it was done properly, it would be at a rate of around 20% where it is offsetting more income of the lower tax brackets and less income of the higher tax brackets.\n\nIt would encourage domestic investment and increase the savings rate.  It would decrease foreign investments made by Americans.  It would probably slightly strengthen the dollar.  However foreign countries may react to this by decreasing their investments in the US by an amount that would offset any advantages of increased investment domestically.
535520
Why does this question keep coming up?\n\nCurrencies have different values because economies have different sizes. The U.S. economy is millions of times the size of that say of Namibia. So the U.S. dollar, backed by prosperity of an industrialized super power has much more value then the currency of a small, impoverished nation with few resources, no industry and little if any fiscal policy.\n\nThe actual value of each currency against others is set my market forces. Supply and demand. Who wants to buy more of what. But the actual buying power of a currency has to do with its stability, the financial strength of the nation that issues it and its worldwide demand.
455843
What a dollar or Pound is worth instaed of a handout.\nIt can allow them to acheive their wishes and dreams instead of a false reality.\nThey can aim for things they didnt realise.
324099
When we import products from other countries we spend US currency to purchase them. This money then goes to fuel the economy of whichever country the product came from. (We pay applicable taxes on these products that go to our local city,state and federal government.) If other countries do not buy our products and we keep buying there products this affects jobs and the value of our money. A devalued dollar can work both ways. It will affect US citizens in a negative way and affect foreigners in a positive way. Hopefully the people we trust to keep this balance can manage to keep it in check. I hope this answer puts some light on the topic.
353475
as we continue to import more than we export and borrow in the world financial markets to do so, the value of a dollar (which is bases on the value of our economy) will continue to decline as it has been doing for the last few years. it's only a matter of time until interest rates creep up to offset those declines. unclear if the declining value of the dollar will also lead to inflation or if the slowdown in our economy due to rising interest rates will offset it.