Post
Topic
Board Economics
Re: Moneyflow towards the Dollar
by
stompix
on 30/06/2024, 14:50:30 UTC
The US dollars is becoming a joke and so is their economy, the dollar isn't the strongest currency anymore as other currency are having more strength than the dollars but because the US is still the dominating country that's what is giving the dollar relevance.

Outrageous claims need some proof Cheesy
So, to what currency is the USD losing power you can see in my previous message:

So let's see the last 10 years:
BRL to USD Chart -59.55% (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!


it is absolutely raping every other currency on the market, especially those of Brics!
But if you're so sure everyone is dropping the USD, why not take part in my experiment:

In what currency other than the USD you know the price of Bitcoin by heart?

Oh, btw, the result is that nobody knows the price of BTC in anything else than USD, some even don't know it by heart in their local currency!