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Real estate prices are important, but people who are not interested in exchange

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Real estate prices are important, but people who are not interested in exchange rates?




The exchange rate movement is unusual now. It wasn't like this even when the coronavirus was a long time ago. It's going to the level of the financial crisis, but everyone is sensitive to real estate prices, but they are not very sensitive to Korea's exchange rate problem.

Media outlets such as business newspapers seem to be turning a blind eye to the current economic crisis by publishing articles on the stock market's opinion that it is due to "de-escalation" and not a major crisis. But we know. They are mostly wrong in their economic forecasts.

The dollar is strengthening as expectations for a cut in the U.S. benchmark interest rate decrease. Among major currencies, the won is especially falling. How should we see this trend? Is Korea really not in a crisis.

The won has also lost ground even further than Russia and Israel, which are now at war. What's more, oil prices are soaring due to the risk of war in Iran and Israel, and how do they handle prices that are killing working-class people?

Perhaps the BOK governor would be interested in exchange rate management when he "allows" such political use. The latest government spent 32.5 trillion won in the first quarter of this year due to a lack of tax revenue to cut taxes for the rich, but business newspapers do not criticize it.

As a reporter for the central bank, he is the one who does not reveal his message to the extent that he has to cover the issue while paying attention to what color tie he wore on the day the central bank announced its benchmark interest rate. He should hide his thoughts and intentions thoroughly. He should do so to prevent the market from fluctuating.

The U.S. knows that every word Powell uses has a big impact on the market, so it really thinks hundreds of times and corrects and decides on words in speeches.

By the way, how ignorant is it in itself that he met with a member of a certain party at a sensitive time ahead of the general election, took such a picture, and used it as a promotional material?

Even the experts who are now selling well on YouTube, the so-called TV network, do not seem to be able to properly say that the situation is serious right now. Maybe it is just reading the room.

Think about the IMF. No matter how expensive an apartment you live in, if the country goes bankrupt, it's useless. What's the point of reconstruction? Who will compensate for the loss if the construction company goes bankrupt and the construction company goes bankrupt? Even half of people who are worried about real estate should be worried about the exchange rate trend.

In many ways, the Republic of Korea needs a really big change. Changes in the consciousness of the people must also change.

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