4 ms·

Seriously? https://www.forbes.com/sites/isabeltogoh/2019/09/12/what-to-expect-from-the-european-central-bank-decision/#2a4fd91b3df9 https://www.forbes.com/site

Seriously? https://www.forbes.com/sites/isabeltogoh/2019/09/12/what-to-expect-from-the-european-central-bank-decision/#2a4fd91b3df9 https://www.forbes.com/sites/isabeltogoh/2019/09/12/what-to-... https://www.intereconomics.eu/contents/year/2016/number/4/article/quantitative-easing-in-the-eurozone-a-one-year-assessment.html https://www.intereconomics.eu/contents/year/2016/number/4/ar... https://www.investopedia.com/articles/investing/070115/understanding-downfall-greeces-economy.asp https://www.investopedia.com/articles/investing/070115/under...

joshuaissac 6y ago
The Forbes and Intereconomics articles are both about quantitative easing (QE), which is also performed by the US Federal Reserve.[1][2] In your original post, you had implied that the euro was being manipulated in a way that the US dollar is not, so QE is not enough. The Investopedia link is about Greece, and it does not even mention QE, let alone any other type of currency manipulation. 1. https://www.ft.com/content/11b338a2-6d0c-11ea-89df-41bea055720b https://www.ft.com/content/11b338a2-6d0c-11ea-89df-41bea0557... 2. https://www.fool.com/investing/2020/03/23/federal-reserve-pledges-unlimited-quantitative-eas.aspx https://www.fool.com/investing/2020/03/23/federal-reserve-pl...
- headmelted 6y ago
  I don't want to repost a reply from elsewhere in the thread but as it's directly relevant: Yes, I was referring to QE, which is much more disruptive in the eurozone than in the US, even at lower volumes. In the US, you have a central bank that is tasked with protecting the economy of the country, and the central bank is responsible for the money supply. Same in the UK and almost anywhere else. In Europe, the central bank is tasked with protecting the economies of 19 different countries who each have divergent tax and expenditure strategies (some markedly so), meaning the currency is subject to the fluctuations caused by any number of those states getting into difficulty at any time, which happens frequently.
admax88q 6y ago
Yes seriously, I don't follow news on all the worlds currencies. Don't be a dick.

joshuaissac 6y ago

The Forbes and Intereconomics articles are both about quantitative easing (QE), which is also performed by the US Federal Reserve.[1][2] In your original post, you had implied that the euro was being manipulated in a way that the US dollar is not, so QE is not enough. The Investopedia link is about Greece, and it does not even mention QE, let alone any other type of currency manipulation. 1. https://www.ft.com/content/11b338a2-6d0c-11ea-89df-41bea055720b https://www.ft.com/content/11b338a2-6d0c-11ea-89df-41bea0557... 2. https://www.fool.com/investing/2020/03/23/federal-reserve-pledges-unlimited-quantitative-eas.aspx https://www.fool.com/investing/2020/03/23/federal-reserve-pl...

headmelted 6y ago
I don't want to repost a reply from elsewhere in the thread but as it's directly relevant: Yes, I was referring to QE, which is much more disruptive in the eurozone than in the US, even at lower volumes. In the US, you have a central bank that is tasked with protecting the economy of the country, and the central bank is responsible for the money supply. Same in the UK and almost anywhere else. In Europe, the central bank is tasked with protecting the economies of 19 different countries who each have divergent tax and expenditure strategies (some markedly so), meaning the currency is subject to the fluctuations caused by any number of those states getting into difficulty at any time, which happens frequently.

admax88q 6y ago

Yes seriously, I don't follow news on all the worlds currencies. Don't be a dick.