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The strong dollar

  1. #1
    Cootehill African Astronaut [my unsymmetrically blurry oregano]
    Anyone pissed off by this? It used to be 1.3 or 1.4 to the Euro, now it's barely 1.1

    I get ripped off anytime I buy anything from China.

    It's due to the jedis at the Fed raising interest rates repeatedly in an attempt to sabotage Trump, despite leaving rates at 0% during the reign of Emperor Obama.

    As well as that Republican presidents seem to result in a strong dollar first term - look at George W. Bush for instance, the dollar was worth more than a Euro for a while.

    Even Trump is whinging about this shit.

    How can the US, with the world's largest trade deficit, have a stronger currency than the Eurozone, with the world's largest trade surplus?

    Goddam fuck this shit, I should just buy bitcoin, except I'd get totally jedied on the price by some yank.
  2. #2
    esbity African Astronaut
    Doesn't thw dollar being so strong mean that its better to dump it for other assets that are low?
  3. #3
    Playinginmud Yung Blood
    Yeah if you travel a lot you get screwed out of hundreds of dollars, happened on my last trip to Mexico, fml
  4. #4
    cupocheer Space Nigga [unwillingly condescend the dp]
    Canadian dollar is falling.
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