KanchanaburiGuy

Hmmm The rich could make dramatically more on price movement.......... If they know beforehand that it's likely to move........... (which they'd know to some degree if it's being manipulated) .......... than they could ever hope make with the baht merely remaining strong. Baht is going down, buy up the foreign. Baht gets pushed back up, sell the foreign and buy back the baht. Upward movements make a profit........... downward movements make a profit. But if it's artificially being kept high, then the rich stand to benefit much less, because the movement has been curtailed. ------------ Once had a case where I was staying almost next door to a money exchange at a time when the baht-to-dollar was bouncing like a ping pong ball. Day 1, changed baht to dollars. Day 2, changed dollars back to baht. Day 3, changed baht back to dollars. Day 4, changed dollars back to baht. On days 2, 3 and 4, I made about 300 baht profit each time. Altogether, spent maybe 30 minutes altogether walking to and fro, plus a little more for exchange time. Cleared a 900 baht profit, roughly, for less than an hour's effort. Lol Not big money in my case, of course. Small potatoes. But when you've GOT big money, you don't want the baht fixed high. You want volitility........... so you can skim a little profit again and again and again! A little on the up............ then a little on the down! Then a little on the up......... then a little on the down! They don't want manipulation to make it easier to buy a big house in Switzerland. They want manipulation so that volitility becomes dramatically more predictable! If they've got THAT........ then the 3rd, 4th, and 5th houses follow the 2nd one pretty quickly! Cheers!

Yeah, sorry. Sometimes it takes me 1,000 words to be as ridiculous as others manage with far fewer........... Cheers! ------------- (By the way, there's a wonderful scene in the movie Amadeus where Mozart has just performed his new masterpiece for the king. After finishing, Amadeus turns to the king to see his reaction. The only thing the king says is, "My, it seems to have a lot of notes. Does there need to be so many notes?" To which Mozart replies, "I'm sorry your highness, it only has as many notes as it took." . I always think of that scene and chuckle............ whenever someone deems it necessary to criticize the lengthiness of my posts........ . "It only contains as many words as it took!") Cheers, again!

Your premise depends heavily on something not yet proven............ that Trump knew he was lying. That he, "believed his own lies." I've asked a couple of times in this thread whether anyone could present any evidence, testimony, speech transcripts or clips, or interview segments............. ANY AT ALL.......... where Trump EVER said something that indicates that he doesn't wholeheartedly believe everything he's been saying about the election. So far, nothing. Nothing, nada, zero, zip! See, for someone to "believe their own lies," first they have to know they ARE lies. To this point, there are probably HUNDREDS of clips of Trump speaking about this issue......... as well as many hours of testimony on record by people who saw him frequently or even daily.......... yet, as far as I've seen, there's not one indicator.......... NOT ONE!........ that Trump doesn't believe 100% in the ABSOLUTE TRUTH of what he's saying! It's not "believing your own lies"......... when you believe you are speaking the absolute truth! So sorry, a counter-argument saying he's been "believing his own lies"........... doesn't fly. Produce some evidence that Trump doesn't believe in the absolute truth of what he's been saying........... JUST ONE!........ and that'll change everything! Certainly, asking for examples a couple of times here............. still has yet to produced any! Can you? Cheers!