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Strong dollar won't buy a chicken.


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#1 Rogerdodger

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Posted 11 May 2022 - 11:27 PM

I seem to remember that Martin Armstrong has long predicted strength in the Dollar during the next economic reset.

That's comforting...until you have to buy something... like food or energy or baby formula.

 

I just got back from the local Aldi's where the price of a whole chicken was $15.

There were only 3 in the case.

Earlier today, it took a $100 to fill up my van's gas tank... with the cheapest gasoline in the whole country.

 

Chlorine for your swimming pool? Forget about it.

 

It looks like the strong US Dollar is just the cleanest shirt in a very dirty laundry.

 

Companies Are Starting to Worry About the Strong Dollar.

 

Barron's
A Strong Dollar Is the Latest Threat to the Stock Market
2 days ago

CNBC
U.S. oil settles below $100 a barrel on economic worries, strong dollar
1 day ago


Edited by Rogerdodger, 11 May 2022 - 11:44 PM.


#2 pdx5

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Posted 12 May 2022 - 02:59 AM

Shortage of goods is natural result of exporting manufacturing to china. If China has hiccups we get shortages. Trump is the only president in my lifetime of 82 years who tried to make America strong from within. 8+% inflation is result of printing trillions of excess dollars. National debt is higher now than GDP and adding by trillions more every year.
Best news for me is I am 82. But even that is not so good coz I am in fantastic physical shape with daily 30 min gym routine and just might live to 103. My mom lived to 103, both grand father's almost to 100 as well. Not feeling secure.
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#3 fib_1618

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Posted 12 May 2022 - 01:35 PM

Trump is the only president in my lifetime of 82 years who tried to make America strong from within.

 

And President Trump was successful at doing so without the help of the Bolsheviks in Congress (which pissed them off to no end).

 

Now...the current president is doing everything he can to make America pay for its successes by deconstructing it as quickly as possible.

 

November is only 5 months away...and the people will have their say.

 

Fib
 


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#4 K Wave

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Posted 15 May 2022 - 12:35 PM

As I keep harping on...DXY is measured against other 6 other FIAT...not against real things....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy