Loading ...Why does the $us keep rising in value??
Apparently more and more countries are bypassing the $us with swaps in their own currency. The demand for petro dollars is declining due to declining demand for oil. Plus the 50% cut in the price of oil means another 50% cut in demand for petro dollars. Then you have a declining demand for US exports. The high dollar has to be artificial. It has to be from derivatives. When a country has a weak economy like the Us has now, their currency is usually weak, which is the only way to attract foreign money for their goods. This policy is insane as it will drive their economy further down the toilet! What are they thinking? Do they have a plan,or are they just desperate, or are they all fools?