FINANCIAL IMPLICATIONS OF LIVING IN A COUNTRY WITH COLLAPSING CURRENCY?
https://x.com/Barchart/status/1938041817456332890

>>60550029 (OP)
All according to keikaku unironically. (That means plan).

>>60550029 (OP)
Idk but I'm practically all in cash (short term treasuries). Might just put it into ticker $PHYS

>>60550029 (OP)
what happens next?

>>60550050
The right next move is a major rate cut, as countries like Turkey have demonstrated

>>60550069
Actually how are we losing value if powell isn't cutting the rates, is it because they're doing secret QE? And then the whole trump bully thing is just a big show?

>>60550078
What the Fed does is only one of the factors that affect currency exchange rates

>>60550078
Prices are determined by supply AND demand.

>>60550139
>demand
Right I forgot about this. I was just thinking that all the yuro countries are being more or less equally irresponsible with monetary policy.
I'm petrified to put my cash anywhere I don't know why it's got to me so bad. I've lulzed about my btc holding losing many figures in a day. But this just feels different like most assets will decline in real terms. I'm still expecting muh recession, so I'll reevaluate at the end of the summer.

zoom out

>>60550029 (OP)
Luckily for the US, all the other countries in the world also did a printing festival in 2020/2021, so on the global scale of things everything will just ends in a Chuddha.

>>60550050
We start making socks again.

>>60550165
>>60550139
Actual cash is in incredible demand.
Fake cash in a bank and credit called "dollars" is not.
Try buying something cash and see how it goes. I predict it goes incredibly well.
>inb4 tries to do this at globocorp and says it didn't work
kys

>>60550241
China didn't

>>60550029 (OP)
>Declare trade war on entire world
>Fine because we'll get 90 deals in 90 days
>74 days in, we have one (1) deal with the UK (you gay) to reduce tariffs on Aston Martins
>Demand for USD drops worldwide
5D chess

Literally DX only matters as a function of other currencies for trade ( exporting becomes more competitive for US producers when dollar goes down ) and people who do currency swaps. ( some currencies get impacted greater than others based on trade and financial flows so if you know the dollar is getting stronger it might benefit something like AUD/JPY ).

US dollar strength on international currency market has little to do with purchasing power for American citizens at home. You can pull up a chart where the value of the dollar was much greater/smaller than it is right now and it has no direct correlation with how expensive shit is for the average American.
Population size based on immigration, domestic Fed policy ( quantitative easing or tightening ) and domestic Treasury policy all impact asset values which are reflected in how newly printed dollars circulating in the local economy chase goods and services which is the actual culprit to increased cost to average Americans.

>>60550747
Are you dim

>>60550838
so, literally 2 more weeks before it Happens?

>>60551294
Expect the moment to pass unnoticed.

The Cult of the Black Phallus - practiced and retained by the esoteric doctrine of the ruling class

The Elites have taken an oath to subjugate all of humanity and have been operating thereforth since the fall of Atlantis

Fascisms Manifesto: The husbandry of Everything and Everyone; the unified cult pledge and they all love peepee

The Erected Obelisk therefore represents seized domain under the dominion of Sneed- the proverbial reaper and sower; and the sun doesn't set on this Animal Farm in veneration to the men of Oz

these staged billionaires, ministers and politicians are just a means of narrative building, PR- gradual acclimation for the slaves to accept the world that is to cum

you will swallow and you will be happy

>>60550029 (OP)
>-10%
now zoom out on the weekly chart
wow it's literally nothing

>>60551378
I see, so it still has room to fall much lower

>>60551224
it matters when an import nation (the usa) has to pay in a devaluing currency and passes the cost onto consumers