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Showing posts with the label Yen vs $

DEMOCRACY, U.S. DOLLAR AND SQUID GAME Season 3

Sure, the Supreme Court is being influenced by associate justices from Donald Trump's first term.  And of course, it is a conservative court.  However, their final decision for this season was announced today, and gives Trump what he wanted.  Block birthright citizenship to children of illegal immigrants, and also, in effect, curtailing the power of individual district court judges.  I can't believe they are colluding with him.  They must be just buying time to avoid judgement day, for if Trump defies a major decision by them, he becomes a dictator, for the Supreme Court, and too the U.S. Congress, don't have any enforcement powers.  The makers of our Constitution screwed up with this flaw.  By what happened today, American Democracy seems safe until next October. The U.S.dollar has dipped to a 3-year low.   Why?  Blame President Donald Trump. What this means is you are paying more for imported goods.  Maybe Trump is getting what he...

THE VIKING TIR: From Germany to Austria

  The  Dow Jones Industrial Averag e gained 0.4% on Friday, and broke its all-time high, rising 189 to 44,911.  The S&P 500 also got to a record high, increasing 0.6%. Donald Trump is also on a roll .  Amazon has a wide assortment. I go to the Orient a lot, and the  dollar to yen exchange rate the past year has been great .  Up to 160 yen/dollar.  Today, still a good 150 yen to the U.S. $. I'm in Europe, and the $ to Euro rate is now close to parity. Well, not quite today, for you need to pay $1.05 to the Euro..  But equality occurred in 2022 after a period of 20 years, and remains in this range.  So both Europe and Japan are good places to visit these days to get value for your dollar if you live in the USA.  Unfortunately, this good fortune does not work the other way around for those in Japan and Europe Okay, the Viking Tir was repaired, I think, and we are on our way to Melk, Austria.  A few photos.  Last night we had ...