The Yen has recently taken a large hit from USD and I have to think the reason is the Japanese and perhaps the Chinese are buying up huge amounts of the dollar. By doing so it takes the ***out of inflation on their products and significantly marks up the price on American made goods. I can’t say that I know this as fact but it does cause one to speculate.
Think about what Kuleba is saying from back in 2008. Ukraines government was so very corrupt at that time and still is to this day. I don't know about you but I refuse to partner or do business with those who are corrupt. Don't take me wrong like I am favoring Russia in this war but I know one thing certain and that is corrupt people do business with the same.
Germany buying our timber to burn instead of coal makes absolutely no sense to me. What does make sense is Russia is a major exporter of timber but with them being removed from SWIFT banking is going to put more stress on Lumber supply and demand for open markets will be strong keeping prices inflated.
Yes as long as the usd is this high. Biden admin likes it because makes exports cheap and holds down the rate of inflation. Down side it won’t go on forever and the printing of fiat money will exasperate any efforts to tame inflation.
Yes the flooding will slow eventually and as soon as that happens we will see the western fires flare up. A lot of real estate has burned over the past 5 years.
What else can you call it when the high is $29.36 in early February 2021 and now we are down to $22 and change with occasional spikes along the way down?
In other words the American goods and services will cost more to both Americans and our trading partners. We sell less to foreign trading partners and buy more of what they are selling. In other words the American goods and services will cost more to both Americans and our trading partners. We sell less to foreign trading partners and buy more of what they are selling.
They are nugatory and inept politicians who think we should believe everything they tell us. They are nugatory and inept politicians who think we should believe everything they tell us.