Posted on 05/18/2023 10:01:22 PM PDT by nickcarraway
If investors agree on one thing this year, it's that the dollar is going to fall. That's made the greenback's 2% bounce over the last month particularly confusing.
U.S. inflation is cooling and the Federal Reserve may pause its interest rate hikes next month. So the dollar should be on the way down, right?
Analysts say a number of factors are probably at play. One is that a range of worries - about the U.S. debt ceiling negotiations, the health of banks, and the global economy's outlook - are burnishing the dollar's safe-haven credentials.
(Excerpt) Read more at sports.yahoo.com ...
Quite true!
But mark my words: The U.S. dollar is going to crash!
(Just as soon as world peace is achieved, and investors no longer need a "safe haven.")
Regards,
Well, looking around, the big guy has a few bruises, but nobody wants to bet on the drunken Rooskie or the puffed-up Chicom or the foppish Eurotrash, and all the rest aren’t even pocket change.
Best of the world isn’t too bad.
with many of our trading partners already suffering from inflation and their own consumers purchasing power declining due to higher energy costs (europe)... this is not a good thing. Who will be able to afford american made products?
Yet to my amazement, it hasn't happened.
Of course at some point, it will, as all good things must come to an end.
The only question is when.
Is it starting right now?
This year?
Next year?
A hundred years from now?
Who knows?
I can see it going down once these millions of illegal alien “refugeez” start sending the “home” to their families.
the US dollar won’t be crashing,
as long as all the alternatives are worse ... as is currently the case
(BRICS fanboys most saddened)
2024!
Strong!?!?
Anyone shopped at the grocery lately?!?!
Imagine a classroom of the world’s currencies.
The U.S. has the highest grade in the class, but it is still an F-.
It’s like a 40 year old d—k. It comes and goes.
Because the European financial systems are on the verge of collapse.
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