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To: Freedumb

Valid point.

My lament was at our idiotic policies and I take little comfort that other nations appear just as stupid as we are.


10 posted on 04/22/2022 10:11:46 AM PDT by volunbeer (Find the truth and accept it - anything else is delusional)
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To: volunbeer

No, your point is the valid one. The dollar will not remain strong in the long term if we keep printing money that essentially we cannot back. Our only solution is to dilute the value of the currency so that we can back it.

Things like relative interest rates effect the FX rate in the short term but things like actual strength in a nation’s economy vs. other countries are what determines the long term value of one currency vs. another.


13 posted on 04/22/2022 10:35:14 AM PDT by Freedumb
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