MikeCristo8
@MikeCristo8
Whether the Fed institutes a new programme of QE is irrelevant. In the absence of budgetary discipline, the only way a slide in the dollar triggering massive capital outflows can be stemmed will be to raise interest rates, almost certainly dramatically and eliminate the budget deficit. Raising interest rates coupled with a balanced budget might protect the dollar, but it will collapse all subordinate dollar credit values from bank loans, to term debt, and to equities.
Credit @MacleodFinance
@KingKong9888 @Dioclet54046121
Once gold replaces U.S. Treasuries as the new monetary trade settlement.
The dollar will be over within days as investors sell-off.
This will cause the dollar collapse.
