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Home > General > The Cantina > 1 $US = how many Pesos??

1 $US = how many Pesos??

 
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twoiron
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1 $US = how many Pesos??
« on: September 22, 2008, 01:49:27 PM »
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Aske
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Re: 1 $US = how many Pesos??
« Reply #1 on: September 22, 2008, 05:35:18 PM »
US announces essentially $1T of new to be printed $,  and the dollar drops off 6% against the euro and 8-10% against oil

taking an average of 7.5%, that means the effective money supply is easily $15T, if not $18T now.  jeebus, good thing we kept tracking it since it's larger than the nominal GDP.   fun times ahead
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Re: 1 $US = how many Pesos??
« Reply #2 on: September 22, 2008, 05:40:22 PM »
Post-WWI Deutsche Mark surrenders
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