Economic shift under way

M

myminitrading

So what happens if the Fed pauses at the next meeting, what happens to the US Dollar?

This is quite a pickle. Maybe the jobs report will be a blow out next week and the can raise rates again. I am real worried about our currency.
 
Not sure what you're worried about Myminitrading given how far the $'s fallen, unless you think it'll drop well below 80.

Does the term stagflation describe the 'economic shift under way' that you refer to ?
 

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Quote from Wallace:

Not sure what you're worried about Myminitrading given how far the $'s fallen, unless you think it'll drop well below 80.

Does the term stagflation describe the 'economic shift under way' that you refer to ?
More...

Cool attachment. Looking at the dollar index, and expecting a devaluation caused by going off the gold standard, the dollar looks like its where its supposed to be, showing a gradual decrease over time as you'd expect with a fiat money.

Folks need to understand that there are disadvantages to a currency if it gets too strong, like deportation of jobs and low exports.

I'm not a gold bug, but I'm a coin collector and during the '01 and '02 period I was collecting foriegn gold coins and I couldn't believe how cheap they were...guess I was right. Too bad I sold most of them too soon. Ah well.

SM
 
Quote from Wallace:

Not sure what you're worried about Myminitrading given how far the $'s fallen, unless you think it'll drop well below 80.

Does the term stagflation describe the 'economic shift under way' that you refer to ?
More...

I would like to overlay the fed funds rate over that chart. I am just curious has the dollar been this low at the end of a rate tightening cycle.

What would the consequences be is it did break 80?
 
Quote from myminitrading:

So what happens if the Fed pauses at the next meeting, what happens to the US Dollar?

This is quite a pickle. Maybe the jobs report will be a blow out next week and the can raise rates again. I am real worried about our currency.
More...

Why be worried? Be diversified out of the dollar.
 
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