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The US dollar is sinking like a rock


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Posted
2 minutes ago, spidermike007 said:

If you believe in the official government figure of 2.4% I have a bridge I can sell you for $500. Just PM me and we'll make arrangements for the bank transfer. 

 

I've been spending a lot of time in the states the last few years and I can tell you inflation has not slowed down, prices continued to increase at a staggering level, and real inflation is closer to 20%. The unaffordability factor in the US is climbing at a stunning pace. 

So dont believe this governments figures, but Believe everything from previous one?

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Posted
8 minutes ago, spidermike007 said:

If you believe in the official government figure of 2.4% I have a bridge I can sell you for $500. Just PM me and we'll make arrangements for the bank transfer. 

 

I've been spending a lot of time in the states the last few years and I can tell you inflation has not slowed down, prices continued to increase at a staggering level, and real inflation is closer to 20%. The unaffordability factor in the US is climbing at a stunning pace. 

Of course I don't believe, and have stated that many times.  But it is a gauge, which inflation is 5-10X more for certain things.  Depending on which administration.   I think all will agree, Obama & Biden were some of the worst administrations for inflation.   Trump, not so much.  Official #s didn't show for Obama, but ACA sent healthcare premiums into the unattainable and useless brackets.

 

Biden's inflation was way too obvious, though great for expats, along with exchange rate.   Why I preferred Harris to win and continue with the madness :cheesy:

 

32 / 33 is ball park for the last 19 years.  Not as good as 35+, but better than <29.  If 10-20% is going to rock your world, you should have probably stayed in the USA.   Not that most of the ones complaining are even from the USA.   A bit mind boggling in itself.

 

Sort of like me complaining the GBP, AUD, CAD or EUR is down since I arrived in TH :cheesy:

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Posted
19 minutes ago, spidermike007 said:

If you believe in the official government figure of 2.4% I have a bridge I can sell you for $500. Just PM me and we'll make arrangements for the bank transfer. 

 

I've been spending a lot of time in the states the last few years and I can tell you inflation has not slowed down, prices continued to increase at a staggering level, and real inflation is closer to 20%. The unaffordability factor in the US is climbing at a stunning pace. 

Biden inflation

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Posted
1 minute ago, KhunLA said:

Of course I don't believe, and have stated that many times.  But it is a gauge, which inflation is 5-10X more for certain things.  Depending on which administration.   I think all will agree, Obama & Biden were some of the worst administrations for inflation.   Trump, not so much.  Official #s didn't show for Obama, but ACA sent healthcare premiums into the unattainable and useless brackets.

 

Biden's inflation was way too obvious, though great for expats, along with exchange rate.   Why I preferred Harris to win and continue with the madness :cheesy:

 

32 / 33 is ball park for the last 19 years.  Not as good as 35+, but better than <29.  If 10-20% is going to rock your world, you should have probably stayed in the USA.   Not that most of the ones complaining are even from the USA.   A bit mind boggling in itself.

 

Sort of like me complaining the GBP, AUD, CAD or EUR is down since I arrived in TH :cheesy:

Thailand is still cheap. 400 baht for a hotel room with a mountain view.

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Posted
2 minutes ago, Harrisfan said:

Thailand is still cheap. 400 baht for a hotel room with a mountain view.

No complaints from me. Still in TH, still 'Loving It'.

 

What happens in the US doesn't affect my lovely day to day at all.  That's what happens when you have a well planned retirement, and never depended on anyone or anything for your livelihood.

 

Independence is Freedom .... you'd think mature adults would have learned that decades ago.  Oh well ... Live with your choices :cheesy:

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Posted
6 minutes ago, BritManToo said:

Don't forget the Norwegian Krona, that's down to about half, worse than the Aussie dollar.

Really does not matter. One restaurant is 60 baht for Khao Soi, another 120 baht. The cheap places are often better.

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Posted
35 minutes ago, frank83628 said:

So dont believe this governments figures, but Believe everything from previous one?

No. Absolutely not, just look back at my posts when I was Biden, Obama and Clinton were in office, and you will see the kind of criticism that very very few Republicans dare to engage in, especially in this day and age of just laying down for a circus goon. Government numbers are always fake they are always partisan I don't know when the last time you've been in the US was, but prices there are skyrocketing and everybody is talking about it, it doesn't matter what their political position is back there. Nobody back there is defending the goons inability to keep inflation down. 

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Posted
23 minutes ago, KhunLA said:

Of course I don't believe, and have stated that many times.  But it is a gauge, which inflation is 5-10X more for certain things.  Depending on which administration.   I think all will agree, Obama & Biden were some of the worst administrations for inflation.   Trump, not so much.  Official #s didn't show for Obama, but ACA sent healthcare premiums into the unattainable and useless brackets.

 

Biden's inflation was way too obvious, though great for expats, along with exchange rate.   Why I preferred Harris to win and continue with the madness :cheesy:

 

32 / 33 is ball park for the last 19 years.  Not as good as 35+, but better than <29.  If 10-20% is going to rock your world, you should have probably stayed in the USA.   Not that most of the ones complaining are even from the USA.   A bit mind boggling in itself.

 

Sort of like me complaining the GBP, AUD, CAD or EUR is down since I arrived in TH :cheesy:

No, I would certainly prefer for the dollar to be stronger but I still find Thailand quite reasonable so not a big issue. 

 

I have a dozen very good reasons to be here, and very few reasons to be back there. 

 

We may disagree on some issues here and there, but I love your rational posts, keep it up please. 

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Posted
6 minutes ago, gargamon said:

This thread, like most others these days has turned into a MAGA circle jerk.

Its leftist fiction. The left has nothing reality based to celebrate at the moment

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Posted
11 hours ago, KhunLA said:

Down 10%, so what.  Trump ran on a weaker dollar, as good for US exports.  $1 is still $1 in the USA.  Buy USA and avoid tariffs, build manufacturing & jobs.

 

What is so hard to understand ?

 

Add to that, and the Consumer Price Index rose at an annual rate of 2.4%, less than economists expected.  

A weaker dollar used to be good for tourism also,not now.

Nobody seems to want to go on holiday in the US anymore and i can't blame them!

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Posted
8 minutes ago, jvs said:

A weaker dollar used to be good for tourism also,not now.

Nobody seems to want to go on holiday in the US anymore and i can't blame them!

That's because now they have to go back home after the holiday's over. 

 

In any event, why would anyone risk visiting when leftists are rioting in the streets? 

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Posted
On 6/29/2025 at 10:03 AM, AndreasHG said:

The US dollar is sinking like a rock

A delusional hopeful wish.

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Posted
17 minutes ago, jvs said:

A weaker dollar used to be good for tourism also,not now.

Nobody seems to want to go on holiday in the US anymore and i can't blame them!

And yet ... it's still in the top 3 countries with most international tourist visiting ... Go figure.

 

More people visit the USA, than live in TH, and many other countries. 

Let that sink in :coffee1:

 

72+ million last year ... wiki

 

image.png.a6f995ecaa94ab97c8dbfb1628850328.png

 

Only 19 of 195 countries & territories have more population than USA has international visitors - wiki

 

You people crack me up ... keep it coming :cheesy:

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Posted
2 minutes ago, KhunLA said:

And yet ... it's still in the top 3 countries with most international tourist visiting ... Go figure.

 

More people visit the USA, than live in TH, and many other countries. 

Let that sink in :coffee1:

 

72+ million last year ... wiki

 

image.png.a6f995ecaa94ab97c8dbfb1628850328.png

 

Only 19 of 195 countries & territories have more population than USA has international visitors - wiki

 

You people crack me up ... keep it coming :cheesy:

102m dumb people

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Posted

I'll probably lose a few thousand on currency exchange, while investments go up by 10x.  That's how this game works.

 

Stock Market new highs!!!!!!

 

Interest rate cuts, down to 0.0%.  Housing prices to 1 zillion.  I'll sell.   

 

Then press the button.  Uno reverse card.  

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Posted
11 minutes ago, Yellowtail said:

That's because now they have to go back home after the holiday's over. 

 

In any event, why would anyone risk visiting when leftists are rioting in the streets? 

Yea ... nobody protesting in France or Germany either ... :cheesy:

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Posted
3 minutes ago, Harrisfan said:

102m dumb people

Wow, that hit different.  

 

That hit hard.

 

Super slaying.

 

No cap.

 

Man, you hit that one out of the park.  

 

Stop, you got us all......

 

kids, cover your ears and close your eyes....we got a real hater here going for the KO!!!!!

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Posted
4 minutes ago, KhunLA said:

Yea ... nobody protesting in France or Germany either ... :cheesy:

And of course, that the EU's economy is in the toilet has nothing to do with a drop in tourism to the US. 

 

 

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Posted
Market Summary > Dow Jones Industrial Average
43,819.27+42,483.81 (3,181.21%)all time
Jun 27, 16:49 EDT • Disclaimer
 
 
If you missed this run, well, quit listening to the gloom and doom of YT and your inner voice.  You just missed the greatest economic expansion the Universe has ever seen.  Anyone over 50 should be drowning in cash and not caring about a 1:1 baht or 100:1.  
 
Posted
14 hours ago, frank83628 said:

 just like the stock market devastation a couple of months ago...currencies fluctuate just like the stock market, thats the name of the game, what a load of  screetchy Bollo x, where is the stock market today?.. pathetic attempt at an anti trump thread... AGAIN

Sunbeam, the US dollar is down, my UK pound is up, how about your Russian Rubble............🤔

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Posted
1 hour ago, Harrisfan said:

Really does not matter. One restaurant is 60 baht for Khao Soi, another 120 baht. The cheap places are often better.

You would know...............:clap2:

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Posted
9 hours ago, swissie said:

I know why. Do you?

 

Do you think it might have anything to do with very strict immigration policies and very few illegals ?
 

Which won't drive down salaries and keep GDP per Capita high.

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Posted

You know, I was looking for experts on the US dollar and economic policies and am so glad I found it here.

 

I can now sleep.

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Posted

When is Powell going to cut rates ?

That will lower the USD.

 

The US has had the privilege of having the world's reserve currency,

that should stop.

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Posted
28 minutes ago, transam said:

You would know...............:clap2:

Yes I would. I have eaten Khao Soi in 20 different restaurants. Do they have Khao Soi in Isaan villages? Nope they don't :cheesy:

 

But they have the net to type up dots

 

.......

.

 

:cheesy:

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Posted
32 minutes ago, transam said:

Sunbeam, the US dollar is down, my UK pound is up, how about your Russian Rubble............🤔

How about the price of rice in Ubon villages? :cheesy:

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