The Dollar Is Starting To MOVE... What This Means For YOU
#deflation #recession #depression #inflation #interestrates #dollar #bank #money #credit #economy #money #whatismoney #jeffsnider #federalreserve #liquidity #china #yuan #rmb #cny #india #rupee
It's not just China's yuan which is experiencing serious turmoil. Now India's rupee has been drawn into the growing maelstrom, too. In both cases, both country's central banks are being forced to alter their currency tactics. Why now? That's the question since we already know the answer to why the dollar is being bullish.
Eurodollar University's Money & Macro Analysis
AP: ‘Bad situation’: Soaring US dollar spreads pain worldwide
https://apnews.com/article/inflation-middle-east-africa-business-global-trade-bee68344b1812dd48ca9c0735395b868
Bruno & Shin: Capital Flows and the Risk-Taking Channel of Monetary Policy
https://www.princeton.edu/~ceps/workingpapers/237b%20shin.pdf
Reuters: Indian rupee strengthens on dollar weakness, likely RBI intervention
https://www.reuters.com/world/india/indian-rupee-strengthens-dollar-weakness-likely-rbi-intervention-2023-08-10/
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Jeffrey Snider (The Promoter) is acting as a promoter for an investment advisory firm, Atlas Financial Advisors, Inc. (AFA). Jeffrey Snider is affiliated with AFA as a promoter only and is not in any way giving investment advice or recommendations on behalf of AFA. The Promoter is being compensated by a fee arrangement: The Promoter will receive compensation on a quarterly basis, based on the increase in account openings that can be reasonably attributed to the Promoter's activity. The Promoter will not be receiving a portion of any advisory fees. The Promoter has an incentive to recommend the Adviser because the Promoter is being compensated. The opinions expressed on this site and in these videos are those solely of Jeffrey Snider and Eurodollar University and do not represent those of AFA.
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