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Dollar Tug of War & Currency Wars: Some Currencies Are Down A Lot YTD Against the US Dollar

Wall St. For Main St., Released on 10/28/20

So far half a dozen currencies are down 14% or more year to date against the US Dollar. Jason talks about Currency Wars, Stagflate Tax Lie, Triffin’s Paradox and Dollar pegs. Read Jim Rickards’ 2010 book Currency Wars for more information.

What are Dollar Pegs or Currency Pegs?

1) The Dollar Peg, How It Works and Why It’s Done https://www.thebalance.com/what-is-a-…

2) Currency Peg https://www.investopedia.com/terms/c/…

3) Managed Currency https://www.investopedia.com/terms/m/…

4) Fixed exchange rate system https://en.wikipedia.org/wiki/Fixed_e…

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

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