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Obviously someone came up with it who is totally unfamiliar with market economics.
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Actually from my quick read it is bang on with market economics. The Federal Reserve has basically been printing money to fund this war and to supposedly stimulate the economy. There have been massive injections of liquidity to try and jump start the economy (btw this isn't a conspiracy this is common knowledge).
Interest rates are soo low to encourage borrowing. The immediate impact of this is that the USD has been in a downward spiral for the last year or so.
Although people in the US might not realise it the USD's your are holding today are worth ~20% less than they were this time last year.
Now this whole thing about this war being about the Euro sounds far fetched, but on a basic level it does make sense. If people will buy and sell oil in euro's as opposed to USD then the market falls out of the USD. What determines the price of the USD is supply and demand. If other things being equal and oil is traded in euros as opposed to USD then demand for USD is greately reduced, therefore the price of the dollar drops.