Originally Posted by
Dachsie
Thank you so much for taking the time to give me this info. I do understand it much better now. From this I extrapolate that the REASON Jim Willie wants "dollar devalued" has to do with, and only to do with, his big-money investments strategies, and assume he gains some money-making investments advantage by having dollar devalued. I guess price of stocks he owns, as well as other kinds of investment instruments, are valued officially every day based on this official dollar value, so he capitalizes on just the right time to buy and sell based on those daily official values.
Willie lives in Singapore and I do not know if he has officially expatriated from USA. Wonder the same about Peter Schiff in Puerto Rico.
These high finance money mongers have always been swimming in usury and they really do not have allegiance to their country of birth, but will move out of their country for a mess of pottage.
There are some advantages in being poor.