https://preview.redd.it/j8dzl84g1pq91.jpg?auto=webp&s=c340624ddd92f932e7c3e77c1fa2c34f2ed089d7
Everyone’s fleeing to the dollar:
View Reddit by CyborgAlgoInvestor – View Source
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That’s funny, because my dollars are fleeing me
So I CAN afford to buy a house, just not in the U.S., got it!
I have a decent chunk of euros sitting in a German bank account. I decided not to exchange them into dollars and keep the euros “as a hedge against inflation in the US.” I literally can’t win.
How do I lose money on this too?
Time to travel
How do I buy calls on USD?
All money is worthless anyway. I only trade in sexual favours.
Not sure this would be a good thing long term even for Americans. Something is broken in the world economy.
I wish I understood forex. Then again, it would only add to my vices
Isnt this the dollar milkshake theory playing out?
What happens after this?
I suppose that’s good for us in this dumpster fire of an economy
Not really fleeing to the dollar. The dollar is the global reserve currency and the value of other currencies depends on their ability to access dollars. Therefore these countries hold dollar-liquid assets like treasurys.
When the value of those assets drops suddenly, such as in a bond collapse, the value of their local currency goes with it. Now they have to sell those assets for dollars and exchange dollars for local currency, but that doesn’t really work because there is too much dollar denominated debt. This is basically just the US cucking the rest of the world.
What sort of cuckery is this when we have massive inflation but strong currency?
Ppl are seeing this chart and thinking “time to buy calls” LOL
I’m shorting the shit out of the USD through Jan 2024
As a Canadian I see visiting Europe and Japan again as nice options for the near future lol.
What happened the last time we saw this ?
I’m selling USD $5 for 4. HMU.
Good, as an Australian with only exposure to USD soon i will be peasant king.
Dollar milkshake theory
So it’s time for me to take a European vacation?
Canadian ebay here i come!
Nice meme stock bro.
Feels like september of 2008. Time to invest into Lehman – stocks is so cheap.
The pound is getting pounded harder than your wife is by her boyfriend.
And no one will be buying anything Amercian
good for importers. bad for exporters.
USD as reserve currency is both a blessing and a curse.
USD will continue to be the reserve currency for a long long time. Those claiming the “collapse” of the dollar is “imminent” are bullshiters.
There is no other substitute
Sure wish there was something like dollar direct where I could sell spreads on my payroll deposits. I could help some one every couple weeks to stay liquid
My milkshake brings all the countries to my yard
shiny metal fetishists in fucking shambles
WW3 on the horizon. USD is backed by the largest military industrial complex humanity has ever built. People keep saying it’s not backed by gold or oil anymore. Naw it’s backed by bombs and the world knows where to hedge in these times.
Ahh stagnant non productive economies pumped up on cheap debt finally caving