"a few days ago, someone on bloomberg said "do not fight to fed" " Exactly. The Fed wants weak dollar despite that in official statements they are for stronger dollar. Ask yourself: If the US administration does not want weak dollar, why do they bother requesting China to let the yuan appreciate? Or why the US administration recently requested Germany to balabnce their current account? Good luck. And by the way if you read Friedrich Hayek work you would most probably be able to foresee where the world economy is headed. After all he is one of the few known economists to have predicted the Great Depression. You can lead a horse to water, but you can't make it drink.
Where I said Fed has debt? You seem to even not read what others write. Fed is independent but Congress can abolish it. "One day you will get it when a 100$ bill buys a two story home" History is saying something else. After the FED was introduced, the green buck is losing purchasing power year after year. If you are really a mathematical economist as you say, then you will know this simple fact. This is last thing I am writing to you cause as I said I see no point in discussing these issues with you becaus you lack basic knowledge of these matters.
Your example irrelevant. Dollar got strong because of EZone problems and search for safer heaven. Fed is trying by all means to devalue dollar. Why else then they request China to allow Yuan to appreciate and US admins request Germany to balance its current account. See what is their aim? They have no choice but devalue USD because of their massive debt burden.
Catnip, I see no point in discussing these matters with you cause you are lacking basic economic knowledge. I will just say something for you to ponder over. Why the Fed tries to devalue the dollar with these QE if as you say these actions only make the dollar strong. LOL
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(11 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(11 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(11 months ago)
تحليل عنالإنفصال بين أسهم "العجائب السبعة" و مؤشر البورصة بالإضافة الى إشارةإنفيديا و مايكروسوفتA detailed analysis into the divergence between the Magnificent Seven and the broader Index as well as the vocalprice signalsfromNVIDIA and Microsoft
Happy New Year all.
Exactly. The Fed wants weak dollar despite that in official statements they are for stronger dollar.
Ask yourself: If the US administration does not want weak dollar, why do they bother requesting China to let the yuan appreciate? Or why the US administration recently requested Germany to balabnce their current account? Good luck.
And by the way if you read Friedrich Hayek work you would most probably be able to foresee where the world economy is headed. After all he is one of the few known economists to have predicted the Great Depression.
You can lead a horse to water, but you can't make it drink.
"One day you will get it when a 100$ bill buys a two story home"
History is saying something else. After the FED was introduced, the green buck is losing purchasing power year after year. If you are really a mathematical economist as you say, then you will know this simple fact. This is last thing I am writing to you cause as I said I see no point in discussing these issues with you becaus you lack basic knowledge of these matters.
Fed is trying by all means to devalue dollar. Why else then they request China to allow Yuan to appreciate and US admins request Germany to balance its current account. See what is their aim? They have no choice but devalue USD because of their massive debt burden.
I will just say something for you to ponder over. Why the Fed tries to devalue the dollar with these QE if as you say these actions only make the dollar strong. LOL