Before I start, I'd like to give some constructive criticism. You're a scatter brain. Your post covers 4 topics and then gives a pep talk at the end. I hope that's not my fault, I could have sworn this topic was simpler than all that.
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Originally Posted by sunnyside
Alright things are trickey with a fiat currency and I'm not an expert on the details. But simply lowering the value of the dollar doesn't necessarily help unless it was previously overvalued.
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Lowering the dollar creates more jobs because
compared to other currencies our dollar is weaker. The idea is that if the dollar is weaker, then the cost for other countries will be less. For example, if you buy a car over seas and their currency is 1 of their dollars for every 2 of our dollars, then a car that cost 20,000 American would only cost 10,000 of their money.
It's been proven so well to work that they created a system to control it, It's called the FED.
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Originally Posted by sunnyside
Put in more simple terms at a fundamental level you'd be competing with people in China (or other countries) who live in conditions far worse than our poverty. You don't want to try and get into a race to the bottom with these people. You will not "win".
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China is very different on many different levels, and yes they are poorer than us, but we're not racing to the bottom. Nobody, especially the rich, want the united states to turn into china, and if you're assuming that inflating the dollar will cause the poverty that china has, then you'd be wrong. Inflating it at a rate of about 15% probably will, but that's not going to happen. And if you're assuming that taking away welfare will create the poverty that china has, then you're forgetting that china is communist.
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Originally Posted by sunnyside
If food prices go up Ethonol may go out of vogue. Though I'm not sure how much the Ethanol movement is based on the environment vs "We'd rather pay twice as much for fuel if the money is going to our people instead of Iran".
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it already has. There've been riots in third world countries because they cannot afford food.
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Originally Posted by sunnyside
Improving the pay of jobs, I think, would require our country to try and take more of a lions share of more skills based and educated jobs. Of course we'll still have crap jobs. Burgers need to be flipped and such. But we won't solve things by simply adding more of them.
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Well, I consider this off topic, but ok. Here's the thing, assuming that people could actually get those jobs - which has never happened - then yes we could all be earning more. It would be an extraordinary thing, but it's highly unlikely.
Simply raising the minimum wage
could actually increase poverty. As the pay goes up, businesses have to fire some people. If the government artificially raises wages then you miss the equilibrium of supply and demand in the job market, and then some people cannot get jobs - which actually makes the poor poorer over all. So it's another ultimatum.