Devalue £

Zola.

All fiat currencies return to zero. 

InvesterJones

Type_45 said:

But the USD is losing ground against commodities, and that's how it's "strength" should be measured.

So the recent gains in USD vs commodities mean it's strong, right?

Millyonare

pjread said:

Millyonare said:

It was once possible to get $10 for £1. Today, it is $1 to £1. The pound is down roughly -90% from its peak (in the 1700s).

It was once 13.33 Indian Rupees to the pound, now it's over 100.  The pound is now up over 700% (since the 1800s).

(neither of us are entirely right - it's more complex than that)

Not sure what the point is. There are 179 other currencies worldwide in 2022 and the £ has declined against most of them. Some up, but most down. The BIS £ basket, tracking all the UK’s major trading partners, has slumped -30% since the 1980s alone. The pound has been falling about -1% a year for decades (and centuries, in some cases).

aroominyork

Type_45 said:

The USD is simply the tallest dwarf in the circus. Its competitors being bigger basket cases than itself.

But the USD is losing ground against commodities, and that's how it's "strength" should be measured.

The USD is at the end game of its existence.

Remind me please of your latest prediction. Is it stock markets to fall 80% by the end of last year?