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Thread: Currency war is coming?
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[quote=BOBERT,408697]The currency war is not coming. It has already well and truely arrived! Most nations are now depreciating their currency as quickly as possible to curb imports and expand exports in a futile attempt at growth. Domestic consumption growth alone is no longer sufficient to drive GDP expansion so stimulating export growth is the last resort It's a race to the bottom. China has long used this ploy but now Japan, Germany and the US have joined in.Tangible asset values will nominally appreciate as the buying power of most currencies is intentionally and artificially diluted. Oil and gold are the standout buys. Stocks will only appreciate while profits can be maintained. That wont be long without genuine GDP growth. Dangerous times lay ahead.[/quote]
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