Posted on 03/19/2016 3:22:48 PM PDT by Lorianne
Trading Treasuries for dollars, then paying debts in dollars, versus converting a native currency to dollars at an unfavorable exchange rate?
Gotcha’. Shouldn’t that make the dollar go up?
I’m pretty sure we said the same thing. I just used fewer words. Oh and i don’t hate banking or bankers being as i’ve worked in finance for 38 years.
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