Now this is a perspective that I hadn’t thought of before. Entire article here
Currency exchange rates do not have absolute value, only relative value. By that I mean currencies are valued based only on the relative strength or weakness of another currency.
And the United States is not the only country that has embarked down this path of printing money.
Other major developed market economies with dollar alternatives — like the UK, Japan and the Eurozone — are taking a very similar policy path and are falling harder than the U.S.
I have been watching the rate our country is printing money and expecting that the dollar will hyper-inflate very soon, and we will all have no money. But this does present a different twist. If ALL the major countries, or at least most of them, are printing money at tremendous rates, that could keep the dollar from becoming worthless, at least for a time.
You know, it makes me think…Just getting a worldwide perspective rather than a narrower national viewpoint makes things suddenly look better. How about if we broaden that view even more and look at it from God’s perspective?
Ah, thankfully, that panorama is actually quite rosy. I’m so thankful that HE, rather than incompetent politicans, is in control! Hard times are so blessedly temporary.