The US administration and the Central Bank are talking about the strong dollar, but the economy is assessing the return of the dollar to some extent. Export power of US goods increased. Imported goods became relatively expensive. Although the interest rate is kept too low, the Treasury can sell paper. World countries continue to link their savings to US Treasury papers.

Paul Krugman wrote in The New York Times. In every corner of the world, people carry and store the green papers in their pockets, printed in the US, with numbers and dollars on them. According to the figures written on the American treasury, these green paper equivalent of $ 500 billion worth of accumulation with zero interest has the opportunity to use. And when he wants to take advantage of the American treasure, he can print out all the papers he wants.

How much concern does this have to us? Those who spend in dollars by spending dollars in our country are not affected by the fusion of dollar value. Those who spend the dollar by winning the euro, satisfied with the melting of the value of the dollar. What is important is the situation of those who connect their savings to the dollar and who do not realize that the value of their accumulation is becoming increasingly eroded.

It's clear that there's a melt in the dollar's worth. This melting is not just a temporary melting caused by the crisis. Since 2000, melting continues. What do the people who tie their savings to the dollar do? If you move from the dollar to another country currency, then it is not easy to track the status of the country currencies. That's when the gold issue comes up. That is why accumulation in the world is increasingly going under.

Is it advisable to pass under the dollar to those who have still accumulation? When and how should I pass?

casonova