There is a concentrated (perhaps co-ordinated?) effort to create a panic over the USD's recent slide.
Umnnnnhhhh.....
Look at the chart here. The USD v. Euro exchange rate over the last 10 years kinda-sorta averages 1.10--that is, the Euro was worth about $1.10 or so.
The Euro took a dive beginning late May '21, recovered half the slide, lost a bit, and is now at..........
TA-DA!!
$1.10 or so.
When the New York banks, New York investors, and their "economist" mouthpieces talk, check the history.
Notice they don't talk much about the price of oil--which is down to $62.50 from mid-$70's in the last two weeks or so?
Why is that, hmmmm??
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