US Economist debunks CHINA MYTHS in 1 min! US trade deficit explained
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Splurgenxs
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And now the US has started printing money , much to the joy of some naïve forum-ers here,
and to the detriment of export oriented nations.
Since more liquidity will hit the markets there respective currency will gain value and dollar will fall , making trade less competitive.
India is trying to mop up as much dollar as it can out of circulation to improve this equation.
Remember the currency manipulator tag?
Another factor at play is that Dollar has a rep of being tradeable always so has a holdings security , Can any currency match this security and promise of exchange always? No country can promise that the if another country holds there money they will be able to get what they want later with it.
We need more than one secure currency its high time to the world comes together beind a UN-crypto initiative.
and to the detriment of export oriented nations.
Since more liquidity will hit the markets there respective currency will gain value and dollar will fall , making trade less competitive.
India is trying to mop up as much dollar as it can out of circulation to improve this equation.
Remember the currency manipulator tag?
Another factor at play is that Dollar has a rep of being tradeable always so has a holdings security , Can any currency match this security and promise of exchange always? No country can promise that the if another country holds there money they will be able to get what they want later with it.
We need more than one secure currency its high time to the world comes together beind a UN-crypto initiative.
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Old School
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General rules of inflation doesn't apply to arbitrary printing of US currency. This is a very unique case because US dollar will still be bought by most central banks in the world as their reserve currency. When a currency has widespread demands, the possibility of inflation automatically fades away. However, only the Federal Reserve enjoys this unique luxery.
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