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by this_user
4494 days ago
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> "As for Soros, he is well known for manipulating the price of the pound. It's often lauded as a 'brilliant move' but the net effect of what he did was to screw over poor and middle-class britons" Depends on your POV. The BOE was manipulating its currency by trying to keep it stable and thus overvalued compared to other European currencies. Soros' fund forced the BOE to give up on that endeavour and let the pound find its fair value. |
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