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Re:Did I just waste 3 years? by detritus on Monday October 01, 2018 @05:10AM (#18111050)
...and what about all the other countries?
Re:Did I just waste 3 years? by jondubois on Monday October 01, 2018 @07:53AM (#18111764)
The currencies of developed countries are pegged to the US dollar and so their reserve banks are just copying whatever the Fed is doing; their main goal is to make sure that the value of their currencies doesn't change too much relative to the USD. All countries reinforce the same economic distortions on a global scale.
Re:Did I just waste 3 years? by eru on Monday October 01, 2018 @08:51AM (#18112095)
Any evidence of that pegging?

The relatively stable exchange rates can be explained by entirely orthodox inflation targeting together with purchasing-power-parity pretty well.

Re:Did I just waste 3 years? by jondubois on Monday October 01, 2018 @09:55AM (#18112528)
The interest rates of developed countries tend to follow each other. Interest rates are one of the main mechanisms used to control the money supply.