Soros is regarded as one of the worlds "premier" currency speculators.
He made a billion shorting the British Pound in 1992.
I wonder what timetable for the destruction of the US Dollar maximizes Soros' profits.
I wonder if "the big guy" gets a cut.
Soros is regarded as one of the worlds "premier" currency speculators.
He made a billion shorting the British Pound in 1992.
I wonder what timetable for the destruction of the US Dollar maximizes Soros' profits.
I wonder if "the big guy" gets a cut.
I'm sure that they are working together so they'll probably split the take. ---ken
ReplyDeleteI gave a sawbuck to a “destitute - please help” man yesterday. Thirty years ago I gave beggars half dollars. Probably the same benefit to each, given how our dollar has fallen.
ReplyDeleteThe de-dollarization of international trade is puzzling to me. The only currency worth more than a dollar are the British pound, $1.24, Swiss franc, $1.14, and Euro, $1.09. Don’t think I can find what supports the Euro. What do the traders want to be paid in? Rubles- 1.2 cents, Yen- 0.7 cents, Yuan- 14.5 cents? Also, governments change their currency values in a flash - the
Argentine peso (half a cent) has gone off 10 trillion to one since 1970.
I've wondered about that also - no other currency has enough volume to handle international trade - and quickly making enough volume would inflate it badly and get rid of the whole point of doing it.
DeleteHowever, there doesn't have to be a single currency used - each pairing of countries could choose one, but that becomes much less efficient and hurts globalization as much as getting rid of the dollar does.
It makes me wonder if the anti Americans have really thought through what they're doing. Sometimes they seem more concerned with spite or revenge than improvement... Which may be accurate!
Is he a tool of the almighty, would be interesting and painful to know.
ReplyDeleteCounter point Bear, I see Soros as a tool of Satan, death and destruction of Western civ. for the Great Reset.
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