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George Soros On The Dollar And Foreign Currencies

Written by | July 30th, 2009

Below is George Soros, the international currency speculator, speaking to Yahoo Finance, in regards to the dollar, and other foreign currencies…

The words that really struck me in the below interview, are when Soros was asked (3:18) about the dollar, and he replied, “it is a very complicated thing, and of course I know “exactly” what the dollar is going to do, but I am not at liberty to…”  Of course that can mean quite a few different things, but with the current fragility of the economy, it is certainly not hard for your imagination to go wild with speculation… 
 
 

Soros on the Dollar, Euro @ Yahoo! Video

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3 thoughts on “George Soros On The Dollar And Foreign Currencies

  1. markross Post author

    “Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” – Napoleon Bonaparte

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  2. markross Post author

    I had an interesting thought…
    If George Soros claims that he knows exactly what the dollar will do, then how can members of our own federal government “appear” to be so uncertain as to how to proceed forward?

    I am speculating of course, but this seems like more evidence of just how separated our Congress is from monetary policies, and the actions of The Federal Reserve; as well as the powerful speculators and bankers throughout the world, who manipulate markets and currencies.

    The other possibility is that “some” members of Congress know dam well what is going on; Barney Frank come to mind anybody?

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  3. KEB Post author

    Of course he knows, and he is making millions in the process. Soros has so much money that he can shift it around and cause countries to lose billions; in fact, that is what he did to The Bank of England in ’92. Rumor has it that he made a billion dollars in one overnight transaction.

    He can cause the currency to rise and fall; then use that move to make billions.

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