will the baht strengthen ,or not?

[Leaver]

5 hours ago, Chivas said:

Apologies for late response

Yes they've been on and off it for some years

Thailand has been on the radar as a currency manipulator for some while now.  They like to push the limits.  Time will tell how long the west is prepared to put up with it.  

[morrobay]

And you know what the U.S. can do with their currency manipulator list. As they QE/print the Dollar down. 

[Leaver]

On 8/27/2020 at 2:23 PM, morrobay said:

And you know what the U.S. can do with their currency manipulator list. As they QE/print the Dollar down. 

The US can do whatever they want, because they have a lot of guns and bombs.  ????

[Barnabe]

26 minutes ago, Leaver said:

The US can do whatever they want, because they have a lot of guns and bombs.  ????

 

More importantly, they own THE global reserve currency, supported by the aforementioned guns and bombs.

[Leaver]

2 minutes ago, Barnabe said:

 

More importantly, they own THE global reserve currency, supported by the aforementioned guns and bombs.

The global reserve currency isn't worth as much as the guns and bombs, which gives global power.  

 

China is staking its claim.  Would not be surprised to see another Cold War.  

[Barnabe]

Just now, Leaver said:

The global reserve currency isn't worth as much as the guns and bombs, which gives global power.  

 

China is staking its claim.  Would not be surprised to see another Cold War.  

 

They'll have a hard time replacing the dollar. I agree regarding the guns and bombs, but inertia is a powerful force. Especially when a lot of different countries with different goals are involved.

[Leaver]

3 minutes ago, Barnabe said:

 

They'll have a hard time replacing the dollar. I agree regarding the guns and bombs, but inertia is a powerful force. Especially when a lot of different countries with different goals are involved.

China has ambitions that the Renminbi replaces the US Dollar as the world currency.  I never suggested they would succeed, at least, not in my lifetime. 

 

However, I would not be surprised to see, in my lifetime, a Cold War against China, similar to that of Russia in the past.   

[kevvy]

On 8/18/2020 at 4:48 PM, toofarnorth said:

Today 41 - quid , highest this year , pension tomorrow , drinks on me but you have to be 30k north of C/Rai to apply.

i am 43 klms  does that count