Comments by "MSD Group" (@MSDGroup-ez6zk) on "Geopolitical Economy Report"
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@robyenney951 Can you imagine how poor a country is after the USD is being manipulated since 1960?
For example, Indonesia - not my country.
In 1969, 1 USD = Rp 7.5. Today, 1 USD = Rp 16,000. Indonesia GDP currently is USD 5,247/year per person. This mean in local currency, it is USD 5,247x Rp 16,000 = Rp 84 million/year/head. Now, if the USD is not being manipulated and 1 USD = Rp 7.5, Rp 84 million should be Rp 84 million/Rp 7.5 = USD 1.03 million/year
Can you see now? Rp 84 million GDP only worths USD 5,247 rather than USD 1.03 million.
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