Dollar value
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Started by wglassfo - Jan. 5, 2022, 5:05 p.m.

Just read an article where Peter Schiff is positive the USD will go down in 2022

His reason is because the Fed printed so much money when people were staying home [called stimmy cheques] that the country was not producing enough, thus an excess of dollars buying from foreign markets

However, I think a lot of other countries also printed money

Which  might mean Peter is wrong as with everybody printing money, the USD will remain the strongest world currency

I think inflation will continue or even become worse, but I think the USD will stay strong. I think we have world inflation but that doesn't mean the USD can't continue as the reserve currency


By mcfarm - Jan. 5, 2022, 5:46 p.m.
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seems all major currencys will be devalued which will then leave the dollar as winner by defult

By metmike - Jan. 5, 2022, 6:28 p.m.
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By Richard - Jan. 5, 2022, 10:39 p.m.
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While the US$$ will go up and down in 2022, it should end lower. Having said that, I am expecting huge down years for 2023 and 2024.