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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Central Banks Continue to Sell Dollars to no Avail

    Lobo
    Lobo
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    Posts : 28411
    Join date : 2013-01-12

    Central Banks Continue to Sell Dollars to no Avail Empty Central Banks Continue to Sell Dollars to no Avail

    Post by Lobo Fri 07 Oct 2016, 3:20 pm

    Central Banks Continue to Sell Dollars to no Avail Businessman_juggle_dollar_symbols_150_clr_18746
    The capital flows into the dollar are rather staggering. Central banks continue to try to sell the dollar to keep their currencies afloat. China’s foreign-exchange reserves are most notable in the fight against a rising dollar. China’s foreign-exchange reserves declined again in September, and they try to support the yuan and the Fed clearly cannot stop the dollar rise by itself.
    China’s U.S. dollar reserve shrank to $3.17 trillion last month, which was well below the median estimate of $3.18 trillion in a Bloomberg survey of economists. Besides the rise in the dollar, would trade is shrinking. As governments are desperate for money, the hunt for taxes is getting to the point of reducing business on a major global scale. When the full impact of Obamacare hits in 2017 and the G20 sharing of information on everyone, the naked presumption that if you do business offshore it must be solely to hide money. More than 60% of our clients have always been offshore for they have the biggest currency risks. This is never taken into consideration by government and they are destroying world economy strangling it in a slow death.
    https://www.armstrongeconomics.com/markets-by-sector/foreign-exchange/usd/central-banks-continue-to-sell-dollars-to-no-avail/

      Current date/time is Fri 19 Apr 2024, 1:01 pm