N0t_5ure
@N0t_5ure@lemmy.world
- Comment on I'm looking to buy a new rig, as I'm not from US the dolar going down will help me immensely. Now how do you think it will behave in the coming weeks? 9 hours ago:
If you’re looking at making the purchase next week or in a month, I doubt there would be a significant difference in the exchange rate. I’d be more concerned about whether the item I’m buying incorporates foreign made parts subjected to tariffs, and the potential for price increases as a result of more costly inputs.
- Comment on I'm looking to buy a new rig, as I'm not from US the dolar going down will help me immensely. Now how do you think it will behave in the coming weeks? 9 hours ago:
It’s very difficult to anticipate market changes, and that includes currency markets. That said, the dollar is trending downward, but it is unlikely to plummet by a large percentage anytime soon. A more likely scenario is a slow erosion of the value of the dollar over the long term. However, in addition to movement of the dollar, you have to also be concerned about movement in the Uruguay peso. The dollar may be falling, but if the peso falls more, there would be a net gain in the dollar vs. the peso. 21% of Uruguay’s trade is with China, and a contraction in the Chinese economy could impact the peso.
That said, Powell’s term as head of the fed is over in May of 2026, and Trump will definitely appoint a lackey that will do what he wants. Ultimately, between erosion of trade with the trade wars, profligate government spending, and ill-considered monetary policy, I think the dollar will be significantly lower by the end of 2026 than it is today.
In my opinion, I think you’re better off evaluating your purchase in terms of the value it provides to you, rather than trying to time the market with currency exchange rates. People much smarter than I have lost vast sums of money trying to play exchange rates. Consider George Soro’s play in shorting the British pound in 1992, where the pound collapsed and his position gained over $1 billion in a single day. While he was a big winner, there were many big losers on the other side of that trade. The situation was fairly unique, in that at the time the pound was being propped up by the British government, which is unlike the situation with the dollar today.
Further, even if the dollar were to collapse, in all likelihood sellers would demand more dollars for their goods, so it isn’t clear that there would be a big benefit in trying to time the currency markets. - Comment on What sort of grill needs a firmware update lol 2 weeks ago:
I will never own a grill that has to connect to wifi. In fact, I actively avoid any appliance that adds unnecessary IOT functionality.
- Comment on Man, I hate it when this happens! 2 weeks ago:
I hate when cats do that to you.
- Comment on Why do so many homes in rural areas have a front yard full of junk? 2 weeks ago:
- Comment on Why do so many homes in rural areas have a front yard full of junk? 2 weeks ago:
My favorite are the old bathtubs stood up and half-buried with statues of the Virgin Mary or Jesus inside.
- Comment on Is WW3 more likely to accelerate or slow down anthropogenic climate change? 3 weeks ago:
My question is whether nuclear winter will mitigate the CO2 warming.
- Comment on SLAYYY 3 weeks ago:
Stupid sexy Puma.
- Comment on What the fuck 4 weeks ago:
3.5 babies if you count the horizontal line.
- Comment on What's the e-reader you would buy if you were in the market? 5 weeks ago:
I have a Kobo Clara I’m super happy with. Way better than the buggy Kindle I had.
- Comment on House members erupt into a screaming match following senators forced removal from press conference 5 weeks ago:
Ironically, antifa is a portmanteau of anti-fascist, which naturally republicans view a slur.
- Comment on Peak male form 1 month ago:
I wish more people would be open about it. Alan Ritchson is one of the few Hollywood celebrities that has candidly spoken about his use of exogenous testosterone to prepare for his role as Reacher, but clearly so many others are getting help. I’m in my late 50s trying to add muscle mass, and it’s a huge challenge. I’d say that I’m better off than all of the men in this 1919 photo, but not by that much.
- Comment on Machetes to be banned from sale in Victoria the wake of Northland Shopping Centre brawl 1 month ago:
If you ban the tool, people who legitimately use the tool are harmed, and the people who abuse the tool will just find something else.
- Comment on Classic 1 month ago:
I use mine to pick up loose change on the floor.
- Comment on Classic 1 month ago:
Interestingly, tortoises have a prehensile penis that they can control like an elephant controls it’s trunk.
- Comment on I'm gay and I dunno what it means 1 month ago:
I saw this a while ago on reddit, and the explanation in the comments was something about brushing the curls out for a more “natural” look, with the one on the right being worse for not doing it.
- Comment on George R. R. Martin's New Announcement Has Finally Made Me Accept He's Never Finishing The Winds Of Winter 1 month ago:
That may be true. The way I see it, he’s got nothing to gain and everything to lose if he finishes it. Since GOT, he’s now in great demand as a fantasy writer in the movie/video realm. Hollywood is showering him with lucrative deals. So, if he finishes WOW and it flops, after having worked on it for 13 years, it will call into question his status as the “go-to” fantasy guy. No one likes a loser, especially Hollywood, because investing millions into productions that flop hurts the bottom line. Conversely, if he finishes it and it’s a great success, it doesn’t really do much for him. He’s already in great demand, and it’s not like he’ll suddenly have more opportunities open to him as a result of the success of WOW. So finishing WOW is now a situation where it can only hurt him and not help him.
- Comment on Forced to lie on a questionnaire 2 months ago:
Choose at least one option? I don’t use any of those platforms. My only social media is Lemmy and Reddit.