-
'Ground Zero' - Will The Dollar Shortage Kick off The Next Financial Crisis?
There’s an old saying. “You can’t fight the dollar.” And what this means is: because the world’s chained to the U.S. dollar (thanks to its reserve status) – everyone’s constantly affected by whichever way the dollar’s value goes. If the dollardeclines – then the foreign economies and currencies get a boost from an inflow of capital. But if the dollarrises – then the opposite happens. Foreign economies and their currencies sink. You can understand why, then, so many countries today are peeved with the Federal Reserve’s tightening. They’re all suffering the unintended consequences of a stronger ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Oct 11, 2018 3:33am Oct 11, 2018 3:33am
- Guest
- | IP XX.XXX.118.113
- Comment #2
- Quote
- Oct 11, 2018 4:23am Oct 11, 2018 4:23am
- Goldorak06
- | Additional Username | Joined Jan 2018 | 290 Comments
- Comment #3
- Quote
- Oct 11, 2018 6:14am Oct 11, 2018 6:14am
- PhoenixFore
- | Joined May 2016 | Status: Member | 27 Comments