All about the rising of USD

0 16
Avatar for DigitalPlanet
2 years ago

Many countries are confused on how USD is rising everyday.

Here are some thoughts that BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S., Rich Dad Poor Dad author Robert Kiyosaki says we’re in for the “biggest bond crash” in over 200 years, and FTX CEO Sam Bankman-Fried says he’s ready to deploy “hundreds of millions beyond what we have thus far” to help digital currency companies. Buckle up for another Bitcoin.com News Week in Review.

Former president Dolald Trump worns US economy is facing much bigger problem than recession

He said: Noting that “We’ll have a depression,” he stressed: “We have to get this country going, or we’re going to have a serious problem. Having a problem is shows our weaknesses, let put hands and help the economy.

For my own, I have not a voice that can reach America.

But all I can say is that : we the smallest in African countries, USD dollar beat our money more than an expectations. Is like if we work hard for our occupations it's very hard to get even one dollar store and that makes our money not a valuable money, if you find money from daily works you must spend it all and without having a a remain to save.

For a warker who collects salary every month, its hardly for him to manage his small money until he borrow money to save his family life.

That is why majority of us borrowed money that they can't pay, if they want to pay the rent of 100usd you must take more than 3months deducting from your salary.

With that example we need our leaders to control everything and to make dollar stop rising because it's affecting the poor countries.

1
$ 0.00
Sponsors of DigitalPlanet
empty
empty
empty
Avatar for DigitalPlanet
2 years ago

Comments