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0 sats \ 4 replies \ @siggy47 15 Sep 2023 \ on: Hiking Cycle: The ECB Is Done bitcoin
Tom, did you see this article?:
https://www.politico.eu/article/christine-lagarde-profile-european-central-bank/
I know it's from a U.S. left wing publication, but does accurately state her position?
Well, to me the article is hiding one eminent message that Lagarde is communicating indirectly: she is clearly referring at the USD being under threat by the BRICs and their not even installed own trading mechanism or coin. She knows that the Euro is doomed the moment capital markets will be closing the yield gap between Germany and the US. Therefore they are constantly spreading USD Fud all around the world and the media. That's how I read this. The USD (FED) is winning.
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Interesting perspective. Do you agree that it's only a matter of time before both currencies are doomed, or do you see the dollar surviving in the medium term?
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I do not see a better Fiat currency than the USD. The moment the states find their path back to free market capitalism they will be accelerating capital import, maybe draw back military activities to stabilize their fiscal position. Meanwhile the Eurozone.... You already know.... it's really a mess
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Hola, I'm going to check it.
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