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AUD on the skids, page-165

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tigmeister

13,707 Posts.

128

09/09/21

18:51

Post #: 55954800
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Originally posted by moorookamick: ↑

But back to the topic.
IMO, the "$Aussie Battler" can't withstand the QE
(currency printing) like the greenback and we're
likely to get a sharp bout of inflation but like all
other things, it will likely be motivated by US inflation which
Yellen is predicting. That is , the US gets an extra 1% inflation and we get 3.
just like the US sneezing and we come down with the Flu!

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I'm still trying to comprehend all of that. So did the US dollar hold up strong against other currencies during 1929-33?
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