We Are Entering a New World, and We Will Have a New Currency War.
Central banks are faced with an impossible dilemma between recession and inflation.
We have entered a new world whether you realize it or not. Since the beginning of 2022, the foreign exchange market has entered new territory. The variations are impressive. The Japanese currency has lost almost 25% of its value against the US dollar since the beginning of 2022. The euro has fallen by 15% against the greenback over the same period. This…
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