SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (117165)3/14/2016 8:06:19 PM
From: Elroy Jetson  Read Replies (1) of 217764
 
Burning currency speculators repeatedly is exactly what a central bank has to do - and in the sternest terms.

Otherwise your currency value gets left to the tender mercies of speculators as we've seen with Australia, New Zealand both of whom have experienced enough volatility in the past 70 years that citizens there are experienced hands in maneuvering within the waves.

Sadder case of Switzerland whose central bank made a stand, then changed their mind, only encouraging more mischief to be heaped on them.

Then there's Brazil, which has tried both inflation and economic depression and can't yet make up their mind which catastrophe they prefer more.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News