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Strategies & Market Trends : The coming US dollar crisis
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maceng2
To: Real Man who wrote (53927)11/21/2013 9:48:45 AM
From: Tommaso1 Recommendation  Read Replies (1) of 71426
 
Jim Rickards's view in "Currency Wars" is that all the QE bond purchases are meant to devalue the dollar so as to gain a trading advantage for the U. S. against other countries, especially China.

It has nothing to do with creating jobs (except indirectly, as a consequence of increasing exports).

I think I will listen to some more of his recent interviews and try to understand what he thinks will happen next, with all these central banks competing to devalue.

Back later with my results.
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