Will the dong overtake the dollar?

[Xiahou]

Well, 1 dollar is worth over 16,000 dongs. So it's likely to be awhile before it overtakes the dollar.

1 US Dollar = 16,235.9 Vietnamese Dong

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[Vladimir]

Well, 1 dollar is worth over 16,000 dongs. So it's likely to be awhile before it overtakes the dollar.

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They could always devaluate their dong in order to expand their economy.

[Geoffrey S]

Sounds like they'll need to keep inflation of their dong under control.

[Vladimir]

Sounds like they'll need to keep inflation of their dong under control.

Well things are heating up down there and you know what that does.

[Devastatin Dave]

Well, 1 dollar is worth over 16,000 dongs. So it's likely to be awhile before it overtakes the dollar.

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Man, thats a lot of dong. So appearantly the dollar is a lot bigger than the dong. So 1 dollar can satisfy the economic outlook better than 16,000 dongs. Is it the strength of hard currency or the less flexibility in international markets of the dong?

[Don Corleone]

Well, you have to consider economies of scale. The dollar penetrates much more deeply into markets all around the globe. The dong only rarely enters exchanges outside its native Vietnam, and even then, most of the lucrative markets yield to the pressure and exchange the dong for the dollar, the first chance they get.

[Vladimir]

Good point Don. Nothing lubricates the international market like the dollar.

[Don Corleone]

And nothing stiffens the dollar like the prospect of entering exotic new markets around the globe. You can actually watch it grow in some parts of the world, particularly the Far East, where receptive markets that are quite attractive welcome it for entry.

[Devastatin Dave]

It would appear that the dollar will beat off the threat of the dong in the long and short of the economic orgy of statistics.

[Philippus Flavius Homovallumus]

Lock them all up please.

[Kagemusha]

Priceless analyze of the situation!

[Devastatin Dave]

Lock them all up please.

The strength, girth, and stamina of the dollar is important to everyone on this forum. The dong backdooring the dollar could have fatal economic blows to everyone. We must discuss these things in order to keep from shooting our load too quickly on the latest economic trend. Please feel free to discuss and take pleasure in the fact that we will in a open forum able to discuss the differences between dongs and dollars...

[Veho Nex]

Is it just me or did this turn into something more. Any ways I believe the dong will take over because it has such a funny name

[Shaka_Khan]

Well, 1 dollar is worth over 16,000 dongs. So it's likely to be awhile before it overtakes the dollar.

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If that happens, then there'd be something very wrong with the U.S. economy. Although a dollar is valued more in Vietnam than it is in the States because of the cheaper prices in Vietnam, it doesn't mean that a Vietnamese would consider 1 dong as the same as an American would value 1 dollar. This is because of inflation in Vietnam ever since Vietnam went capitalism. Other economies that have grown quickly experienced high inflation (such as Japan and South Korea). So when you see a 500 dong coin, don't think that it's worth a lot to a Vietnamese like you would consider 500 dollars.

[Vladimir]

I like the pinkish hues of that Dong. It's also the right size to fit comfortably in one's hand. An American sized Dong would be too big.

[Papewaio]

Also green with an oily tea scent - Texas Tea that is.

[Vladimir]

Also green with an oily tea scent - Texas Tea that is.

I've never seen a Texas teabag.

[Papewaio]

I've never seen a Texas teabag.

The lone star only has one but its sized by the barrel.

[Devastatin Dave]

The Dong thread's creative juices are once again flowing and ready to burst uncontrollably onto the pages of the backroom once more. The dong may often be beaten, battered, and overused, but much like Anthony Weiner, it's value will rise, thrusting upwards, overtaking all, and leaving all other competitive monies drained and quivering around its base. So hold on to your dong with a good, strong grip!!! Its here to stay!!!