Australian Economic Future - Part 3/5 - How to prepare
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9:30
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@givemeblowjob69 The Aus dollar won’t be worth more - only worth more in comparison to the USD. Although the AUD will be able to buy more USD, its purchasing power within Australia will be the same - and once commodity prices increase the AUD purchasing power will decrease. Once China and following countries are adversely affected by the depreciation of the USD and their economies dive, ours too will follow. This will obviously affect our important and export market - and therefore our economy.
Teleloans 5 months ago
If the u.s currency collapses...which is very possible wouldn't that increase the value of the Australian dollar?
givemeblowjob69 5 months ago