Canada's new globalist-in-chief must ensure dollar liquidity
The appointment of Mark Carney as Canadian Prime Minister shows several things: firstly, the globalists are rotating their staff without any democratic legitimacy. Secondly, the fact that they have appointed a former governor of the Bang of England, of all people, shows that they have understood that the attack on the globalists' policy, which is essentially a Keynesian fiat policy with zero interest rates, is being launched via the money markets. Thirdly, the euro-dollar market, i.e. the USD credit market outside the US, is almost illiquid and now needs new stimulus. So let's watch who among the globalists will be the next to bring US dollar-denominated government bonds into the market. I suspect it will be Canada! Fourth, all fiat currencies from the globalist political spectrum may soon come under massive pressure
#Canada #wef #usa #EU #inflation #nostr #bitcoin #economy #carney
Please expand on the fourth point 🙏
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Dollar milk shake theory.
But US interest rates are coming down, not going up. This would suggest decreasing pressure on other fiat currencies.
Agreed, but over the medium longer term the dollar is going to swallow up the weaker currencies. Also other jurisdictions are already lowering and easing.
