Going strong: U.S. dollar gained value against key currencies in past year

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One thought on “Going strong: U.S. dollar gained value against key currencies in past year

  1. The US dollar is not strong. Though marginally less severe than 1Q and 2Q, we’re still facing the worst inflation since the Carter administration.

    While this article is at least candid at the opening–“stronger than it’s been in decades in relation to foreign currencies”–it spends the rest of the time burying everything after the lede. The global economy is contracting in general, in no small part due to manipulation from corrupt governments cozying up with oligarchs and QUANGOs like WEF that have imperialistic aspirations. And the sky-high energy prices in Europe (esp Germany) prompted by–ahem–impediments to historic over-dependence on energy from Russia is merely causing the Euro and adjacent economies to inflate at even higher degrees than the US dollar.

    Will the IBJ ever have the courage to ask why governments aren’t standing up to the QUANGOs and oligarchs, or why we’re pretending this arbitrage is healthy and beneficial rather than covering up a sleeping giant (Great Depression #2)? No sir.

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