Loading ...I remember during Clinton, Greenspan, Robert Rubin, Larry Summers, and Roger Altman administration, 1992 to 2000, they raised the dollar so high from 80 to 120, that Silver was like $4.75, Gold I think under $300, Oil under $18 in, heating oil I think was .46 cents.
After little George Bush got in, “they” were forced to add tariffs on imported steel and lumber, to avoid more bankruptcies. Then after 2001 they started dropping the dollar from 120 to 80 to inverse prices higher so businesses could survive without the tariffs that were then dropped. Later on they had the dollar down to 72, in 2008.
Then came the big crash in ’08 and back up went the dollar, probably to help Europe Japan et al. As long as the US public is fooled enough, and thinks the US economy is doing ok, the foreigners will help themselves to “another strong dollar serving” of US consumer dollars. Or rather spoon feed us more of their exports.