- Coin Price
- Coin in Circulation
- USD Market Cap
New way of Reclouting the CLOUT😁
Is there any Idea by what time we will be able to access the Bitclout on Phones?
We often assign value based on the end product when often the most value lies in the production
It's been a Month joined BITCLOUT, Investor still don't trust the New CREATOR.
People want to Invest in the Creator they know from Other platform(Twitter,IG,FB)
Guys I don't say to invest in me but still u can trust in Small Creator like us.
Li Bo, deputy governor of the Central Bank of China, said that crypto assets such as BITCOIN should be used as INVESTMENT tools or alternative investments. This is the first time that the Chinese🇨🇳 government has recognized the asset value of CRYPTOCURRENCY.
Reclout if you want an investment from us 🎯
So here's what they were going to do all of them at same time would start selling the US Dollars
PROVIDED IT REMAINS SECRET
DID IT WORK?
OH YES IT DID
The DOLLAR PLUMMETED by almost 40% in 2 years
Do like🖤 & RECLOUT💬 to reach more US INVESTORS
They had no choice but to agree with the US🇺🇲.
so yeah, the plan worked out.
Hence, on 22nd sept 1985, central bankers and finance ministers from major economies met at the plaza hotel to make plaza accord a reality.
But the AMERICAN firms were not pleased with this and started pressurizing the govt to protect them from FOREIGN BUSINESSES 🏗️.
Now what if the US imposed sanctions on these countries' exports to the US?
Well, this caused the countries to panic.
But why would these major COUNTRIES agree to do so?
you see, large economies including GERMANY🇩🇪 and JAPAN🇯🇵 had relatively weaker currencies compared to the DOLLAR💲 & in turn, they were also exporting more to the US🇺🇲.
He would convince the leaders of the world's largest economies- FRANCE🇫🇷,UK🇬🇧, GERMANY🇩🇪 & JAPAN, to start selling dollars.
The idea was selling dollars would increase its supply in the market, pushing its value down further and making it weaker to other currencies.
Stronger dollar💲 started hurting US exports but DAVID at the US treasury, realised that an appreciating dollar would be threat to the ECONOMY.
so he made a plan.
𝘼 𝙎𝙀𝘾𝙍𝙀𝙏 𝙋𝙇𝘼𝙉
𝗗𝗮𝘃𝗶𝗱 𝗠𝘂𝗹𝗳𝗼𝗿𝗱, Asst secretary for international affairs,US🇺🇲 treasury
•From 1980-1985, the interest rates in US🇺🇲 were very high & as is the case usually, high interest rates encourage capital inflows into economy🏦.
•This increased the demand for dollar💲 & the result? dollar became stronger💪 by close to 50% against major currencies.