Both can be true. He doesn’t back up the 1st sentence of 2nd paragraph with anything.
He must think that the Triffin Dilemma is used as a *justification* for money printing, which I definitely disagree with and don’t apply that way.
Parker may be losing his mind a bit because he only spends his time on X. Seems trigger happy and is over-correcting.
I have no idea. Just felt like trolling you
I’m worried about Parker. It’s weird, his point about dollar imbalance is correct, but it doesn’t disqualify the reality that (if you are granted the ability) it’s far more profitable to produce and export dollars than it is anything else, certainly anything physical. Why do MIT engineers go to work at Goldman…
Im not sure how else he explains the persistent demand on the dollar if its not caused by the dollar being the reserve currency. Maybe I don't understand what he means ?
His point about the imbalance of dollars to debt is totally correct, but it doesn’t negate the impact of the demand from people who can’t print dollars and have to produce things to get them instead.
