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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (117165)	3/14/2016 8:06:19 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 217749

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.