1. Theoretically and personally, digitalyuan is something of...

1. Theoretically and personally, digitalyuan is something of positivity at a global level. Yet practically, the yuan accountsfor about 2% of global foreign exchange reserve assets right now. Still, the USdollar cannot be challenged as it has always been, or some of its challengerswould otherwise have been spared from war or destruction. Australia is one of the US allies, at least under the current leadership. It is not mission impossible, but success is not even guaranteed, let alone to count its time on the fingers.

2. Following an exchange ratedepreciation, imported goods become relatively more expensive for Australianconsumers and firms. In response, Australian residents are likely to changetheir consumption patterns to demand more import-competing goods and servicesproduced in Australia, leading to a decrease in the volume of imports. Viceversa. (a quote)

3. In the super-inflation cycle asmany would imagine, Au dollar appreciated by around 80 per cent with China-drivendemand for resources between 2001 and 2011, while the present CRB commoditiesindex points are around 200, yet its 2014 peak is about 400. Remember SOP is anagri product, unlike critical resources or rare metals, as its amount is notlimited in the ground, and its price is associated with seasonality, fx, restocking and supply …, not to mention the dichotomy between digital currency and a farm staple.

4. The stronger AU Fx willpossibly become inapplicable. Many experts predict in more or less than sixmonths, the Fed would roll back QE, what the world will be facing is the higherinterest rate and stronger greenback.