Post
Topic
Board Economics
Re: Moneyflow towards the Dollar
by
stompix
on 23/06/2024, 14:48:47 UTC
Something about the USA and the US dollar you must know.
~
The US dollar loses its purchasing power a lot since many years.

Good, now please do the graph for the BRICS countries, the yuna, the ruble, the rupee, the rand and the real.
To save you some pain, the ruble went through redenominations in the last decades so  we need to add some extra 3 zeros to that.

So let's see the last 10 years:
BRL to USD Chart -59.55% (10Y)
https://www.xe.com/currencycharts/?from=BRL&to=USD&view=10Y
INR to USD Chart -27.99% (10Y)
RUB to USD Chart -62.17% (10Y)
CNY to USD Chart -14.29% (10Y)
ZAR to USD Chart -40.74% (10Y)

Much Brics currency, much devaluation, such garbage currency, wow!

A lot of anti US feeling here.
It's so strong that people see conspiracy around every corner.

17 million green cards rejected in 2023 alone might be one of the reasons! Wink