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  3. Loonie ‘actually strengthening’ amid unusual market moves: FX strategist

Loonie ‘actually strengthening’ amid unusual market moves: FX strategist

Scheduled Pinned Locked Moved Canada
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  • S supersquirrel@sopuli.xyz

    But really, Gravity’s Rainbow? That was for readers that did not have a mind in the first place, so how could they lose it?

    They didn’t lose it they simply went beyond the zero, it just looks like they lost it from this perspective.

    No, this is not a disentanglement from, but a progressive knotting into.

    D This user is from outside of this forum
    D This user is from outside of this forum
    daryl@lemmy.ca
    wrote on last edited by
    #22

    As in 'If you are progressive, do not read too much into that book."?

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    • D daryl@lemmy.ca

      As in 'If you are progressive, do not read too much into that book."?

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      S This user is from outside of this forum
      supersquirrel@sopuli.xyz
      wrote on last edited by
      #23

      Well I wouldn’t recommend it Against The Day, but I like the part that brings light to the Herero.

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      • G greyeyedghost@lemmy.ca

        It’s going to be an interesting time. What’s the point in holding currency in an isolationist state? What can you trade it for? And while China is in a position to take over as the global currency, that would require relaxing the reins on their currency, which I don’t think they’re ready to do. A good part of what makes an international currency useful is trust in the currency. America doesn’t have much left to lose, and China still needs more to be in that position. If the EU played it right, they could slip into that role, but I don’t know if they’re in a position or have the interest to do it, either. Gold standard, anyone?

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        canadaplus@lemmy.sdf.org
        wrote on last edited by
        #24

        I mean, the EU couldn’t really stop people from just moving towards the Euro. Unless I’m missing something it’s the obvious candidate.

        Now that I’ve thought about it a bit, measuring fluctuations in terms of some kind of weighted basket of other currencies would be best, although that’s a bit more complicated.

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        • C canadaplus@lemmy.sdf.org

          I mean, the EU couldn’t really stop people from just moving towards the Euro. Unless I’m missing something it’s the obvious candidate.

          Now that I’ve thought about it a bit, measuring fluctuations in terms of some kind of weighted basket of other currencies would be best, although that’s a bit more complicated.

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          G This user is from outside of this forum
          greyeyedghost@lemmy.ca
          wrote on last edited by
          #25

          They could position themselves to not be as attractive, which i suspect goes against their current policy. The biggest issue is global confidence. I’m not sure they’re there now, and with some of the issues with some countries’ economies having a negative impact on the Euro, they may not be able to increase confidence sufficiently without hurting those countries or perhaps other countries to compensate for that. So not so much stopping others from using it, but not doing enough to raise that confidence sufficiently.

          This is entirely speculation on my part, and not something I’ve studied intensely. I’m sure some economist could point out enough holes to make that look like a screen door, but there are only a handful of currencies that have the value, economic stability, and management philosophy to really fit the bill.

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          • circav@lemmy.caC circav@lemmy.ca

            Which is fine by me, based purely on how long a lettuce will last against Trump who is purposely tanking global markets through sheer hubris (a la Liz Truss)

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            supersquirrel@sopuli.xyz
            wrote on last edited by supersquirrel@sopuli.xyz
            #26

            Liz Truss

            Lettuce not make that mistake again. We are though ugh.

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            • S supersquirrel@sopuli.xyz

              Well I wouldn’t recommend it Against The Day, but I like the part that brings light to the Herero.

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              daryl@lemmy.ca
              wrote on last edited by
              #27

              I am not sure I could ever get through that book, so I won’t even start.

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              • D daryl@lemmy.ca

                I am not sure I could ever get through that book, so I won’t even start.

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                supersquirrel@sopuli.xyz
                wrote on last edited by
                #28

                Maybe you would though and then what?

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                • S supersquirrel@sopuli.xyz

                  Maybe you would though and then what?

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                  daryl@lemmy.ca
                  wrote on last edited by
                  #29

                  I would miss not having read the hundred other books that I could have read instead, and really wanted to read

                  I have a really, really difficult time with alternative history, having taught the real thing.

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                  • D daryl@lemmy.ca

                    I would miss not having read the hundred other books that I could have read instead, and really wanted to read

                    I have a really, really difficult time with alternative history, having taught the real thing.

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                    supersquirrel@sopuli.xyz
                    wrote on last edited by supersquirrel@sopuli.xyz
                    #30

                    There is no real history, just two lies and a peaceful joker in between.

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                    • S supersquirrel@sopuli.xyz

                      There is no real history, just two lies and a peaceful joker in between.

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                      daryl@lemmy.ca
                      wrote on last edited by
                      #31

                      There are three versions of history, yours mine, and the facts.

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