"Kat, you've got your argument a up. The aim in a currency war is to drive the currency down. That's the whole point in printing shiteloads of money. Haven't you heard umpteen times that QE is meant to create inflation. What do you think internal inflation is, if it's not also external debasement of a currency?
A strong U.S. Dollar is simply a sign of The failure of the stated objective of QE., and it means further difficulty for the U.S. Balance of payments and increased external debt.
Get it right boy!
23."
I did get it perfectly right on Russia economy including statements from Russia central bank, hence the earlier post you quoted is fact that Russia economy is in recession and the Rubel vs USD is tanking.
Kat.
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