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Old Yesterday, 02:23 PM
 
336 posts, read 173,518 times
Reputation: 421

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Quote:
Originally Posted by C2BP View Post
Bp25, I hope you understand that Ben Bernanke started the currency devaluation in 2008, with QE, ZIRP, and ULBB - Great Britain followed quickly - one can argue that China's peg to the Dollar was also a form of a currency devaluation and war. Itís normal that once we started a currency war, then other nations had to respond. When I say strong dollar I mean higher interest rates that make the dollar strong. Low interest rates make our dollar weak. Everything is priced in US Dollars.
It makes sense that people have trouble understanding what you are saying, because that's not the definition of strong/weak dollar. Strength/weakness of dollar is always measured against other currencies, not against interest rate.
https://www.yourdictionary.com/strong-dollar
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Old Yesterday, 02:30 PM
 
8,479 posts, read 3,610,093 times
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Quote:
Originally Posted by Bp25 View Post
It makes sense that people have trouble understanding what you are saying, because that's not the definition of strong/weak dollar. Strength/weakness of dollar is always measured against other currencies, not against interest rate.
https://www.yourdictionary.com/strong-dollar
QE did help lower interest rates, but did not significantly weaken the USD. Because the world's flight to the safety of the USD after the 2008 crash over rode the effect of QE.
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Old Yesterday, 08:39 PM
 
96 posts, read 11,814 times
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Originally Posted by C2BP View Post
Our economy has been dead since 2001. No real economic growth was possible after 2001.

LOL! That's a good one!
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Old Today, 01:34 PM
 
3,941 posts, read 2,181,076 times
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it's a slingshot effect, QE has pushed federal, state, municipal, and corporate balance sheets to balloon with recognized and unrecognized deficits.

We have not see inflation as the currency has held it's confidence as consumption has remained strong (again funded by deficits). When the party ends you will see significant stagflation and de-valuation of the dollar. It is coming but there is a delay while markets clear.
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