The US Government is Manipulating the Dollar

The US Government is manipulating the Dollar

CNBC says,

German Economy Minister Rainer Bruederle on Saturday took issue with what he called a U.S. policy of increasing liquidity, saying it indirectly manipulated exchange rates.

The U.S. Federal Reserve is widely expected to embark on a fresh round of asset purchases to prop up the economy.

Right now the US Government is planning to print more money in the economy and shoot up its money supply and the inflation rate by several folds.

And according to the German Economy minister, increasing this money supply permanently is actually the manipulation of the dollar and the exchange rates.

By increasing the money supply by quantitative easings, the US government is manipulating the dollar. And this will affect literally millions of people all around the world.

In my opinion,

this kind of monetary expansion will affect the employees the most. I mean the people who are living paychecks to paychecks and on their pension plans and fixed income instruments after their retirement will be affected the most.

Their retirement will become more expensive because of the higher inflation and they won’t be able to retire happily and peacefully because of the higher inflation in the future.

And that’s why this is the time to own your own business and start investing if you have not.