Thursday , 26 December 2024

Currencies

Pennies, Nickels and Dimes Are Essentially Rubbish! Here’s Why

When was the last time you saw someone pick up a penny off the street? A nickel? A dime? Nowadays, even bums often can’t be bothered to pick up anything less than a quarter. The U.S. dollar has become so debased that these coins are essentially pieces of rubbish. They have little to no practical value.

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6 Ways the Super-Strong USD Could Hurt the World Economy

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years and, as the world’s reserve currency, such changes in its value have implications for the entire global economy. Below are five of the main ones.

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“Greater Fools” Driving USD Higher

The U.S. has the highest inflation in 40 years, and yet it also has the strongest dollar in 20 years. How can that be? How can the dollar be so weak and yet be so strong at the exact same time? [This article] tries to make sense of this tale of two dollars.

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As the World is on the Brink of Chaos, the Mighty Dollar is Back

In this post, we will look at how recent world events have impacted global markets. Specifically, we will address the question of why is the dollar strengthens during times of war and try to make a US dollar prediction for the near future. We will also touch on how the Ukraine crisis has impacted US dollar to GBP and US …

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U.S. Dollar Losing Its World Dominance (+5K Views)

The U.S. dollar has been the world’s dominant currency since the end of World War II with roughly half of international trade, international loans, and global debt securities being denominated in USD as illustrated in the graphic below.

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