In Euro terms today we are 14% from ATH.
#Dollar milkshake theory is happening in front of your eyes.. act accordingly.
In Euro terms today we are 14% from ATH.
#Dollar milkshake theory is happening in front of your eyes.. act accordingly.
What is the milkshake theory?
Basically it predict the last currency to hyperinflate will be the dollar, but before will suck value from every other world currency, from the weakest, cause their debt is in dollars, and it appreciating will force them into a vicious hipernflated circle..
There is many economists that explains it much better than me.. this wasnthe first I found. 🥲
nostr:npub1rjwumr7j6tac08t0qttvc44walt549nc4eyyxjc0phn6yxzj7uzq0accc9 long story short, a too strong dollar is not the thing US economy would look for in a prolonged high rates environment.. things will break fast and irremediably... For the FIAT world ofc, but the shake would be tremendous overall economies, like an Armageddon. The faster it happens, more pain will be.