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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: David who wrote (69966)12/6/2023 4:52:34 PM
From: ggersh  Respond to of 71442
 
You gotta eat makes too much sense now, doesn't it!!

for me all I got was "you gotta save", but that was depression era
talk, not so much hyperinflation

naturally I did but sadly not nearly enough, nor enough

I still don't understand how currency exchange rates make sense.

My impression is currency exchange rates are now manufactured
by whatever WS wants them to be. The $$$$$$ Index is contrived
by a basket of only 6-7 other currencies. So though the Euro/$$$$$$/Pound is
worthless (they don't produce anything of value) but since they are in the
same basket, they have a value against each other. Euro goes lower
the Pound/Dollar go higher, The Dollar go higher the Pound/Euro go
lower, Make sense??? It's almost like a 3 card monty, there is always going
to be one cup holding the ball. Anyhow that's how I see it

The Yen still manufactures, while the Aussie/Canada have tons of

natural resources

EDIT: How can a currency (dollar)which owes out interest on $33 tril of
them be worth anything