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The race to devalue

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    The race to devalue

    The race for devaluation

    Does this mean that the BOE can print as much as it likes as everyone else is trying to devalue at the same time.

    I was planing to keep some of my money in CHF but I'm not so sure now.
    I'm alright Jack

    #2
    As the article says, somebody has to remain over-valued. The question is, how do you pick where to put your money?
    ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

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      #3
      Originally posted by Moscow Mule View Post
      As the article says, somebody has to remain over-valued. The question is, how do you pick where to put your money?
      maybe you should put your money in the currency of your expenses - then you match income - savings - expenses

      of course you gain nothing with this - but you also lose nothing.
      "Condoms should come with a free pack of earplugs."

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        #4
        Originally posted by BlasterBates View Post
        The race for devaluation

        Does this mean that the BOE can print as much as it likes as everyone else is trying to devalue at the same time.

        I was planing to keep some of my money in CHF but I'm not so sure now.
        I am quite sure - to not have savings in CHF - lit is nice in this age of the internet that funds can move in seconds - pfew
        "Condoms should come with a free pack of earplugs."

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