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We're talking about hundreds of billions of dollars here. How confident are you that you could 'easily' do that without major undesired effects?
by conjecTech 7y ago
We're talking about hundreds of billions of dollars here. How confident are you that you could 'easily' do that without major undesired effects?
- treis 7y agoThis cite says the average daily volume of EUR/USD trades is half a trillion a day: https://www.currenciesfx.com/index.php/eur-usd https://www.currenciesfx.com/index.php/eur-usd So hundreds of billions of dollars a year is small relative to the volumes being traded.
- conjecTech 7y agoVery little of that is true demand. That corresponds to 10x American GDP annualized.