That privilege came with a cost for America’s middle class. Massive swaths of the country r suffering from low pay n high cost when manufacturing moved off shore. Infrastructure has suffered as well, our roads, transit, airports r in bad shape. Lots of other reasons for this but having an artificial demand for dollars certainly doesn’t help domestic manufacturing.
This is a history lesson I never heard. Super important.
Thanks I needed an elaborate explanation on this topic. Couldn’t find it anywhere else.
And does the gold really exist in the quantities that it is supposed to exist in the locations it is supposed to exist?!
no
USD/NOK to 7.0000 this year possibly.
That privilege came with a cost for America’s middle class. Massive swaths of the country r suffering from low pay n high cost when manufacturing moved off shore. Infrastructure has suffered as well, our roads, transit, airports r in bad shape.
Lots of other reasons for this but having an artificial demand for dollars certainly doesn’t help domestic manufacturing.
the dollar index seems really stupid