MSD Group
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Comments by "MSD Group" (@MSDGroup-ez6zk) on "Indonesia Launches $20 Billion Sovereign Wealth Fund Amid Budget Cuts | Vantage with Palki Sharma" video.
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@Steve-so7uk also, the bad thing about the USD manipulation
1. Assets
Let's say Indonesia has 2500 Trillion Rupiah of assets.
A. In 1969, 1USD = 7.5 Rupiah. Thus, Indonesia assets would be 2400 Trillion/7.5 = USD 320 Trillion
B. In 1998, Soros came, 1 USD = 16,800 Rupiahs.
Thus, Indonesia assets were 2400 Trillion/16,800 = USD 1.2 Trillion
3. Let's say Soros comes again and 1 USD = 31 million Rupiahs. Thus, Indonesia assets becomes 2400 Trillion/31 million = USD 77 million
Can you see?
USD 230 Trillion------>USD 77 million.
Hence, no matter how bad the tarrifs are still better than the USD has been manipulated.
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