WallStForMainSt: Dollar Tug of War & Currency Wars: Some Currencies Are Down A Lot YTD Against the US Dollar
So far half a dozen currencies are down 14% or more year to date against the US Dollar.
Jason talks about Currency Wars, Stagflate Tax Lie, Triffin's Paradox and Dollar pegs.
Read Jim Rickards' 2010 book Currency Wars for more information.
What are Dollar Pegs or Currency Pegs?
1) The Dollar Peg, How It Works and Why It's Done https://www.thebalance.com/what-is-a-peg-to-the-dollar-3305925
2) Currency Peg https://www.investopedia.com/terms/c/currency-peg.asp
3) Managed Currency https://www.investopedia.com/terms/m/managed-currency.asp
4) Fixed exchange rate system https://en.wikipedia.org/wiki/Fixed_exchange_rate_system
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