Mate, do not worry about Americans, worry about ourselves.
>The USD 'WAS' the world's reserve currency ... many people think it still is, most of them American. It is now just another overabundant commodity with a floating exchange rate pouring out of an open tap.
> and it HAS produced as many USDs as it likes ALREADY, not including the counterfeit market for USD. >It HAS flooded the world with it's currency > but now cannot create a shortage even if it wanted to.
*The USD ' is the world's reserve currency, and will be in the at least near future. Because we are driving American holden, Ford cars, flight with American Boen aircrafts, using American IPhones, Windows operating system, intel or AMD Chips, wearing American Nike, Newbalance shoes.... countless.*
* They can create a shortage, easy, sell the bond back to the market, get American Dollars back and write them off. Not the right time though.*
>This is reflected in the return to sender rates of exchange where peaople are selling USD against every other pair. Wait until Asian countries decide the USD is not worth a penny<
*Asian countries have no choice. They live on selling products to America, Especially China, because they do not have resources self-sufficiency( Resources supply and price are directly or indirectly controled by America) and inner demand is too small to absorb their own productuion*
???Ultimately the US will win any currency war??? How is that? * Yes. Power and monopoly*
Aussie Dollar is far overvalued, it is only a reflectiion of Fed's weak currency Stratigy, not so much against AU, is against China and China is bound to lose or say already lost.The sitiation is really testing RBA's ability to handle it. How could Australia avoid to be a Co-loser in this currency war?*
