[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance


View post   

File: 173 KB, 1583x1113, Screenshot 2022-09-23 at 15.39.26.png [View same] [iqdb] [saucenao] [google]
51590723 No.51590723 [Reply] [Original]

and why is $ so strong?

>> No.51590748

>>51590723
Dollar milkshake.

>> No.51590773

>>51590723
Death throes of a dying empire. Invest in CNY.

>> No.51590990

>>51590773
>invest in the copy cat paper "empire" that relies on said dying empires to exist

>> No.51591025

euros fleeing ww3

>> No.51591044

>>51590723
Money printer jammed, no more brrrrr

>> No.51591051

>>51590723
europe is even more fucked than america. before the american petrodollar #1 reserve currency dies, all our allies who use it will die first

>> No.51591090

>>51590990
I'm sure the kid who bullied you in school wasn't the biggest, meanest, or most original, but he still bullied you well enough.

>> No.51591092

The dollar is like the Bitcoin of the fiat world and all other currencies are alts/shitcoins. So when the maket is low there is a pullback to the dollar.

>> No.51591141

>>51590723
Because everyone else is just a meme state or in eternal cope (Russia, China) compared to the USA. All shall kneel

>> No.51591143

>>51590723
soros strikes again

>> No.51591268

>>51591090
https://youtu.be/CM_wXCrcxnU

>> No.51591335

>>51590723
>£ dropping
>Euro dropping
>CAD dropping
>AUD dropping
>WON dropping
hmm..

>> No.51591380

>>51590723
You know those videos of black people drowning because they can't swim so anyone that gets near them they cling on and try to stay afloat a couple more seconds but end up killing the person trying to help. That black person is the United States of America and the person trying to help is the entire continent of Europe.

>> No.51591381

>>51590723
Liz Truss announced she's paying for half the wholesale electricity costs for the entire country. Obviously thats coming from the treasury so its rapetime

>> No.51591388

LOL BECAUSE WE'RE THE BEST COUNTRY YOU FLAMING FAGGOT. NO ONE BEATS USA!!

>> No.51591417
File: 269 KB, 1158x1544, brentmilkshake.jpg [View same] [iqdb] [saucenao] [google]
51591417

>>51590748
Brent

>> No.51591463

>>51591335
CAD ain't dropping like GBP, which is -3% today

>> No.51591520

meanwhile the ruble is getting stronger, the usa is throwing all their vassals under the bus to save their own asses

>> No.51591571
File: 719 KB, 978x717, Screenshot 2022-09-23 at 11-14-59 White House jokes about suspending ‘special relationship’ label after Liz Truss visit.png [View same] [iqdb] [saucenao] [google]
51591571

>>51591520
> special relationship

>> No.51591574

when interest rates go up in us, usd goes up. simple as.

when your country raises rates, the exchange rate will go down a bit. but usd will probably keep rising given they're planning to raise raise very aggressively.

>> No.51591581

>>51591463
True, but they all seem to be dropping pretty hard lately. No idea why the pound is dropping especially hard today.
>>51591417
>>51590748
This is what I'm thinking. Triggered by the sharp rises in interest rates.

>> No.51591585
File: 42 KB, 829x571, Screenshot_25.png [View same] [iqdb] [saucenao] [google]
51591585

I'm literally only up this year because all of my money is in fucking American stocks. Our currency is going to shit lads

>> No.51591603

>>51591581
GBP dropped badly today because of a disastrous budget announcement.

>> No.51591607

>>51591574
no it won't b/c the UK govt is also doing huge deficit spending, rate parity alone won't be enough

>> No.51591659

>>51590723
The US is tightening more than the UK and EU, so capital is fleeing to the US. Simple as that

>> No.51591865

>>51591380
You can say nigger here, tourist. In reality euretards think America is stable (le Biden presidency, adults are in control!) and moving their assets to USD thinking it's going to retain value better than their currencies.

>> No.51592741

>>51591520
The ruble isn't strong. Russia just stopped their citizens from being able to sell it for other currencies, and trade is so fucked for them, that actually works for now. All smoke and mirrors.

>> No.51592880

>>51590723
all other currencies relative to usd is shit. usd relative to assets is shit long term

>> No.51592994

>>51590723
when the euro and the pound are both on parity with the dollar, it makes it a lot more simple to implement the global reserve digital currency

>> No.51593467

>>51592741
If that's the case, if that's all it takes to support a currency, why didn't Zimbabwe do that? Or Argentina? Or Turkey?

Almost as if it's a midwit meme.

>> No.51593567
File: 57 KB, 657x527, apu crusader.jpg [View same] [iqdb] [saucenao] [google]
51593567

>1200-year-old shitcoin
Is there any hope for humanity?

>> No.51593623

>>51590723
Because C.R.E.A.M nigga

>> No.51593648

>>51591865
>You can say nigger here, tourist.
i've unironically been banned multiple times for saying nigger on this site

>> No.51593654

Commodities are priced in USD

>> No.51594016

>>51593467
Because to do it you need to shut down trade, and they were all extremely dependent on incoming goods to keep up their national lifestyle. So instead they pretended nothing was wrong and printed money.
Russia already lost trade, so taking the protectionist measures made more sense. It's a good idea, but it doesn't make their currency strong. Their currency is essentially unvalued at the moment because the liquidity compared to the whole supply is atrocious.

>> No.51594176
File: 518 KB, 670x997, 1626143810021.png [View same] [iqdb] [saucenao] [google]
51594176

>>51590723
The Queens Econimical Spells have started to unravel!
The Bongs can only pray that Charles is a fast learner in the art and can weave a new spell of wealth!

>> No.51594316

>>51590748
/thread
Hope the frens are positioning themselves in gold.

>> No.51594519

>>51590773
yeah china is in such a great position having hit a demographic wall (just like japan did in the 70s-80s) in 2020 ....

China has grown since 2008 due to credit expansion, nothing else. If you want to look at winner, look at singapore where they actually hold real assets.
In total, Singapore holds at least S$1,051 billion or S$1.05 trillion in assets.

Its really just quite objectively, a city state that is wealthy. -If one cares about such things. Living standards are basically the highest as well.

fuck china and fuck the amerifattasses, europe too

>> No.51594545

>>51590990
Pro-tip: Empires die. Always have, always will. If you create an empire (a vempire?) that can live off of the death of others, you're ahead of the game.

>> No.51594579

>>51591051
that means we'll still be #1 the whole time tho

>> No.51594620

>>51591381
sounds like communism

>> No.51594677

>>51591463
CAD was toilet paper to begin with. It doesn't get much lower than literal shit.

>> No.51594696

>>51594620
Its even more retarded than Communism.

>> No.51594721

>>51591571
It means our retard led your retard around with a triple-braided rainbow belt-strap

>> No.51594753

>>51594721
and then she shit on the carpet

>> No.51594762

>>51592741
cope and seethe

>> No.51594767
File: 125 KB, 750x627, FBB0FC88-9B8E-43DB-8090-616C0CA62E4C.jpg [View same] [iqdb] [saucenao] [google]
51594767

>>51590773
>Invest in CNY.
You mean USD/CNY, right?

>> No.51594770

>>51594677
lol i hope it goes to 60c, can finally cash out some usds and buy some raw land

>> No.51594789

>>51594016
they're still trading with china, india, the middle east, south america, you know the actual world, westcucks don't matter as much as your redditor copebrain thinks

>> No.51594814

>>51594016

you're literally a retard, the ruble is staying strong because europe is literally supporting it by buying russian gas exports
now shut the fuck up nigger

>> No.51594911

>>51594814
these reddit retards have been saying the same thing for half a year except they used to add some stupid shit about how russia won't be able to maintain it for more than 2 weeks, they dropped that part but still just spew the same inane gibberish

>> No.51594968

>>51594911
IDK if it's just bots, are actual programming
same shit last year before inflation hit,
its MUH SUPPLY SHORTAGE instead of the 2 trillion the fed printed. SO TIRESOME

>> No.51595002

>>51594316
What about silver? Is it as safe as gold

>> No.51595090

>>51595002
Nothing is safe. Silver and gold aren't the safe-haven they used to be. They fixed that after 2008.

>> No.51595128

>>51594767
>s-sell the top bro!!

>> No.51595256

>>51595090
I don't know why people say this, gold doubled since '08.
Obviously didn't come close to the market but its an elemental commodity

>> No.51595384

>>51595256
>gold doubled since '08
that's exactly why

>> No.51595480
File: 466 KB, 512x512, download (45).png [View same] [iqdb] [saucenao] [google]
51595480

>>51590723
Putin about to open a can of whoopass on Yrope.

>> No.51595585

Interest must be paid in dollars. Selling euro vor dollars.
/Thread

>> No.51595682
File: 132 KB, 1268x1280, HIGHEST DEBT PER CAPITA.jpg [View same] [iqdb] [saucenao] [google]
51595682

>>51591051
>europe is even more fucked than america. before the american petrodollar #1 reserve currency dies, all our allies who use it will die first

Exactly. Whoever still has Dollars is fucked.

>> No.51595719
File: 214 KB, 827x1105, russian lemonparty.jpg [View same] [iqdb] [saucenao] [google]
51595719

>>51595480

>> No.51595804
File: 6 KB, 341x239, usd cny.png [View same] [iqdb] [saucenao] [google]
51595804

>>51594767
China has literally always devalued its currency on purpose though?