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Brian Smith
Posted 1/11/2010 08:49 (#1016478 - in reply to #1013744)
Subject: Makes you think all the governments are in it together


Now, I will admit I'm pretty naive when it comes to understanding currency markets. However, this stuff makes you wonder if the US is pressuring all these countries to borrow and thus end up printing money to keep all currencies at approximately the same valuation? If the US would print money faster than everyone else then our currency would drop (simple economics). However, if we collude with other major countries and they all print a lot of money together the value would remain relatively similar? Makes me think? Of course someone always gets "screwed", so who would that be ?
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