Posted 5/9/2025 07:26 (#11218831 - in reply to #11218794) Subject: Not good?
Pofarmer - 5/9/2025 07:03
I would think it would make the $ less desirable as a reserve currency? 30% change would be a huge hit for those holding $. What would it do to the bond market?
So if I bought a CD paying 5% in a bank in another currency.
but the currency went down.. 5%, 10%,.. 30%.
Im guessing I’d think twice about doing that again.. eh China? Et all..
If the US can’t close its deficit? What do interest rates do?
bonus question.. what do fixed asset returns.. like Land do.. if interest rates.. uhm.. go up?
What would a weaker USD index do to commodities/exports?
