ASX 0.87% $60.00 asx limited

commodity price risk with $us falling

  1. 6,951 Posts.
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    One reads these verbalisers telling those who wish to read about the dire consequencies of rising US interest rates .These consequensies will not take place as the US will move to a Lower US $ instead . Commodities will then in effect cost less as the cross rates of US$ to what ever currency will be lower and in the other currencies favour, The US has a massive incentive to devalue its I o U's as then in value of work and effort it will cost less in the future for the Americans.That seems the logical way for the senario to unfold IMHO.
    B2
 
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