While I am not one to watch / browse much of anything posted on CNBC, I came across this interview via another blogger, and found it to be one of the better summaries in terms of the U.S. / Fed potentially “manipulating”, or purposely seeking the demise of the U.S. Dollar. It was posted last Tuesday, but worth the quick 5 minute watch for explaining why the United States could have recently sought to bring down the value of it's currency while the government officials and/or politicians point the finger in other general directions. Think what you will, but logistics are logistics and this is just one way of bringing back the country's sadly missed economic prosperity. Whether the government would do something like this outright or simply “don't know how” is the only matter to speculate. “Currency Wars” is getting good reviews, strongly in part with the controversial nature of what is being said here…..where there is controversy, there are ratings. Enjoy.
Jim Rickards: The U.S. is the World's Largest Currency Manipulator
- ParaCurve
- 1 minute
Jim Rickards: The U.S. is the World's Largest Currency Manipulator
ParaCurve
Since 2008, ParaCurve (formerly NBT) has been a provider of a wide range of articles geared towards a common sense approach to trading using fundamental market analysis in conjunction with globally identifiable technical levels. Steve is a 21 year trader, having formerly worked as a sell and buy side global macro analyst for several of the largest financial institutions in the world. You can follow us on Twitter or Facebook. Series and support at FXS Analytics.
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