Harambe: US Dollar heads for worst quarter in 5 years
http://www.cnbc.com/id/103505091 http://www.cnbc.com/id/103505091
Harambe: The question is … why is the FED moving in a direction that will weaken the US Dollar?
Frankieg: the country with the weaker dollar has better trade value.
Herekemiah: the dollar is (or has already) lost it’s dominance, so less desirable, so less valuable…. perhaps they want to take some of the ‘shock’ out of the adjustment, we’re the second largest economy in the world, they might not want to set off a panic with a sudden drop, all that assuming they actually give a darn about us… which I’m not sure they do
Harambe: Herekiah … I agree …. Maybe I was expecting a more sudden decline, instead of the gradual decline in the US Dollar.
