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| I was looking at the exchange rates of other currencies against the dollar. There are quite few MAJOR currencies worth pennies against the dollar. There are countless lesser currencies worth even less, that are not even traded on an exchange.
Question: Could one assume that these lower valued currencies would be somewhat immune from deflation in a potential worldwide depression; as compared to the dollar?
Question: Could one assume that inflation, possibly hyper-inflation would not effect these less valuable currencies; as compared to the dollar?
Question: Is it possible that the pain of deflation and/or inflation has/is being orchestrated just to transfer wealth?
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Dollar thoughts: Any ideas!
