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i love a strong currency and positive real interest rates. it...

  1. spott
    453 Posts.
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    17/02/12
    16:09
    Post #: 9711354
    i love a strong currency and positive real interest rates. it means people can amass capital in real terms in banks, and then buy assets at their leisure. and they don't have to worry about hedging for currency weakness. and so our middle class is doing fine.

    compare that to the decimation of the middle class in so many western countries.
    XJO Value at posting: 4,196.0
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    lightbulb Created with Sketch.  Great analysis
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