not too sure if this is right, but...still. my theory ain't
based on economics or anything ok, so just hear me out if you
want.
the greenback remains so strong simply because it has to. it is the
world's largest economy, and so, in a way, the whole world is built
around them. should they collaspe, the will drag everyone down with
them, as was evident during the post-911 period. so, should the
greenback ever go, everyone looses and no one gains. because of
that, everything has a set value range, thus factors such as
currency pegs come into play. extreme measures like devaluation
also come into play once in awhile to keep things in check. people
always try to actively keep currencies in balance because it is
less painful then the passive method.
go ahead and correct whatever's wrong, but from what i've observed,
things seem to be happening that way. btw...i'm nothing near an
economics or a finance student...i lean to the sciences.
