3 years ago

175

UK currency British Pound Sterling collapse in crisis. We must look carefully to see for any further intervention. Japan likely will do more. UK government initially seemed like not in a rush.
Keep an eye on Japan’s USD Treasury holdings.

Strong USD creates inflow of capital looking for higher return. Too high impacts exports.
Strong USD also creates problems for all other countries as their currency weakens against it. Money leaves their country. For Japan, nobody wants to buy their debt.d

Problem for the UK: Inflation is very high. Government proposes tax cuts. This would potentially increase the budget deficit. More stimulation of the economy proposed as inflationary. As a result, the government would have to increase interest rates even more.

TOPICS AND TIMESTAMPS:
Dollar At the Center 0:00
British Pound Collapse 1:35
Charts 4:58
What Options For UK? 8:39
Summary of Currency Crisis 9:42

—————————————————————————————————

💵 HOW TO MAKE MONEY ON AMAZON: 💵
👉 http://TheAmazonGPS.com 👈

—————————————————————————————————

LOOK THROUGH MY BOOKS! http://books.themoneygps.com
MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU

SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9

—————————————————————————————————

T-SHIRTS: http://merch.themoneygps.com

—————————————————————————————————

Sources Used in This Video:
http://bit.ly/TheMoneyGPSSources2022

—————————————————————————————————

The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It's simply data that is generally not found through conventional means.
#economiccrisis #economy #inflation

Music Provided by Skip Fearless
Graphics: https://foundation.app/@Haptic404
https://www.instagram.com/haptic404/

Loading 1 comment...