The Fed engages in FX trading? What?
Zowzooma, the Angry Deity asked: My book says this: “Had foreigners not wanted to use their dollars to buy investments in the United States, our government would have been forced to draw down its official reserves and use its holdings of foreign currencies to trade for al the dollars that foreigners held.”
I’m not doubting [...]
Forex Trading?
westphalia1 asked: When trading currencies if the VALUE of the american dollar decreases(drops) does this mean you should “automatically” buy up more of the foreign currency you have invested in
How to conquer the world. Step two?
Overt Operative asked: As a planning member of a shadow group bent on world domination, you have completed step 1: Secured the resource of a large army from a populace spread across international borders.
Step Two
Capitalism in the common enemy, and the U.S. is its guardian. The guardian must be incapacitated before your conquest can [...]