…the global race to debase
…who doesn’t want to financially engineer an incentive to attract foreign capital into their own domain by making their local currency less valuable relative to everyone else.
Discussion
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They don't have a choice. It all goes down together some faster than others. Even the Swiss joined the game.
What did Lagarde say " better to have job than money"
This movie keeps re-running
Bitcoin is the escape valve.
Thanks for that one Christine.
Hi Preston,
Next time you talk w/Lyn or another guest fluent in this topic, could you pls do a deep dive on what exactly causes the dollar to rise/fall relative to other currencies. Obviously this is a huge, tangled topic, but there may be some salient factors.
A follow-up question might be how we could expect risk assets to behave in light of the DXY. Furthermore, are there other currencies to watch, such as the yuan?
Thanks!
Chinese certainly have not stopped printing.
Interesting...
El Salvador
Bitcoin isn’t a bubble that is skyrocketing exponentially and crashing, it is the USD that is crashing exponentially with occasional pull backs