Every C.B is cranking up the printer. They all started devaluing their currencies to compete in export markets but the only way out is having a strong currency.
It was all doomed when they made sure no one can make any money holding cash (except the banks) everyone else gets nothing for free - Gotta take risk and chase returns with the assurance that the C.B's would hold the course.
Gold in every currency will go up.
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