5 Year History of THB/US$
- Thread starter WileE
- Start date
Rice
Resident Smart Arse
So ? Any synopsis to offer ?
I have one. Its a story of currency manipulation. That mean average line is a tribute to the skill and trickery of The Thai reserve.
Lets see how well they do when economies world wide start to isolate the US. Which Trump wants by the way. So many adversary nations wanted to destroy the USD as the "reserve currency" Now Trump is doing it for them. The Federal Reserve does not understand that money creation can be an irreversible process. At a certain point, confidence in money can be lost, and there is no way to reconstitute it; an entirely new system must rise in its place. A new international monetary system will rise from the ashes of the old dollar system, just as the dollar system rose from the ashes of the British Commonwealth after WWII.
Oh don't worry the plan is in place already. What do you think George Sorros and his cronies talk about each year in Davos?
The SDR will replace currencies world wide by the IMF . The SDR is not a currency, but its value is based on a basket of five currencies at present.
But it will be soon. This whole death of the USD and currencies in general was laughable to me as a scenario that just was not going to happen.
But there you go. Trump goes and just hurries it along. I didn't see that happening.
This process will play out in a matter of months, light speed by the standards of the international monetary system. The transition will be inflationary in dollar terms, not
because of new dollar printing but because the dollar will be devalued against the SDR. From then on the U.S. economy will face severe structural adjustments as it finds it must earn its SDRs through competition in the global marketplace rather than through printing reserves at will.
Now with Trump Tarrifing the world when the crunch comes the USD will slide into oblivion.
In this scenario, savings in the form of bank deposits, insurance policies, annuities, and retirement benefits will be largely wiped out.
A return to a gold standard is the onl way to regain faith in a worthless piece of green paper. Anybody notice the stories about the concern Trump has in the true amount of gold at Fort Knox. I am starting to sound like a conspiracy nut. But I have read so much on this topic. Its enough to do your head in.
I had totally dismissed it. Till NOW. Having said this there are other scenarios that could play out ALL worse then this one.
Please feel free to tell me how much this is all BS. It will make me feel better.
I have one. Its a story of currency manipulation. That mean average line is a tribute to the skill and trickery of The Thai reserve.
Lets see how well they do when economies world wide start to isolate the US. Which Trump wants by the way. So many adversary nations wanted to destroy the USD as the "reserve currency" Now Trump is doing it for them. The Federal Reserve does not understand that money creation can be an irreversible process. At a certain point, confidence in money can be lost, and there is no way to reconstitute it; an entirely new system must rise in its place. A new international monetary system will rise from the ashes of the old dollar system, just as the dollar system rose from the ashes of the British Commonwealth after WWII.
Oh don't worry the plan is in place already. What do you think George Sorros and his cronies talk about each year in Davos?
The SDR will replace currencies world wide by the IMF . The SDR is not a currency, but its value is based on a basket of five currencies at present.
But it will be soon. This whole death of the USD and currencies in general was laughable to me as a scenario that just was not going to happen.
But there you go. Trump goes and just hurries it along. I didn't see that happening.
This process will play out in a matter of months, light speed by the standards of the international monetary system. The transition will be inflationary in dollar terms, not
because of new dollar printing but because the dollar will be devalued against the SDR. From then on the U.S. economy will face severe structural adjustments as it finds it must earn its SDRs through competition in the global marketplace rather than through printing reserves at will.
Now with Trump Tarrifing the world when the crunch comes the USD will slide into oblivion.
In this scenario, savings in the form of bank deposits, insurance policies, annuities, and retirement benefits will be largely wiped out.
A return to a gold standard is the onl way to regain faith in a worthless piece of green paper. Anybody notice the stories about the concern Trump has in the true amount of gold at Fort Knox. I am starting to sound like a conspiracy nut. But I have read so much on this topic. Its enough to do your head in.
I had totally dismissed it. Till NOW. Having said this there are other scenarios that could play out ALL worse then this one.
Please feel free to tell me how much this is all BS. It will make me feel better.
Prakhonchai Nick
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1 USD = 34.3940 THB
Deerculler
Surin Dinosaur
Interesting.So ? Any synopsis to offer ?
I have one. Its a story of currency manipulation. That mean average line is a tribute to the skill and trickery of The Thai reserve.
Lets see how well they do when economies world wide start to isolate the US. Which Trump wants by the way. So many adversary nations wanted to destroy the USD as the "reserve currency" Now Trump is doing it for them. The Federal Reserve does not understand that money creation can be an irreversible process. At a certain point, confidence in money can be lost, and there is no way to reconstitute it; an entirely new system must rise in its place. A new international monetary system will rise from the ashes of the old dollar system, just as the dollar system rose from the ashes of the British Commonwealth after WWII.
Oh don't worry the plan is in place already. What do you think George Sorros and his cronies talk about each year in Davos?
The SDR will replace currencies world wide by the IMF . The SDR is not a currency, but its value is based on a basket of five currencies at present.
But it will be soon. This whole death of the USD and currencies in general was laughable to me as a scenario that just was not going to happen.
But there you go. Trump goes and just hurries it along. I didn't see that happening.
This process will play out in a matter of months, light speed by the standards of the international monetary system. The transition will be inflationary in dollar terms, not
because of new dollar printing but because the dollar will be devalued against the SDR. From then on the U.S. economy will face severe structural adjustments as it finds it must earn its SDRs through competition in the global marketplace rather than through printing reserves at will.
Now with Trump Tarrifing the world when the crunch comes the USD will slide into oblivion.
In this scenario, savings in the form of bank deposits, insurance policies, annuities, and retirement benefits will be largely wiped out.
A return to a gold standard is the onl way to regain faith in a worthless piece of green paper. Anybody notice the stories about the concern Trump has in the true amount of gold at Fort Knox. I am starting to sound like a conspiracy nut. But I have read so much on this topic. Its enough to do your head in.
I had totally dismissed it. Till NOW. Having said this there are other scenarios that could play out ALL worse then this one.
Please feel free to tell me how much this is all BS. It will make me feel better.