https://dailyreckoning.com/the-great-dollar-paradox/
π±
“the U.S. dollar is more than just a national currency. It is the global reserve currency. It is used worldwide for trade, investment and payments, and it is created outside the U.S. in the form of eurodollars by U.S. and foreign banks operating in London, Frankfurt and Tokyo, among other money centers.”
π±
“The eurodollar market relies on dollar-denominated securities such as U.S. Treasury bills and notes for collateral in leveraged transactions.”
π±
“In short, the dollar has a life of its own independent of the Federal Reserve, the White House and the U.S. Congress. Itβs the lifeblood of the international monetary system regardless of whether U.S. policymakers are reckless in fiscal and monetary policy or not.”
π±
“How will the paradox of profligate fiscal and monetary policy by the U.S. and increased demand for U.S. dollars by international banks be resolved? In the short run, the paradox will not be resolved.”
π± https://en.wikipedia.org/wiki/James_Rickards
π±
“James G. Rickards is an American lawyer, economist, investment banker, speaker, media commentator, and author on matters of finance and precious metals.”
π± https://pro.paradigm-press.info/p/AWN_GreatDepression_0420/WAWNWA06/?h=true
π±
“Hell is coming, America will end as we know it.” “Bill Ackman, Famous Hedge Fund Manager “Bill Ackman, Famous Hedge Fund Manager”
https://dailyreckoning.com/the-great-dollar-paradox/
π±
“the U.S. dollar is more than just a national currency. It is the global reserve currency. It is used worldwide for trade, investment and payments, and it is created outside the U.S. in the form of eurodollars by U.S. and foreign banks operating in London, Frankfurt and Tokyo, among other money centers.”
π±
“The eurodollar market relies on dollar-denominated securities such as U.S. Treasury bills and notes for collateral in leveraged transactions.”
π±
“In short, the dollar has a life of its own independent of the Federal Reserve, the White House and the U.S. Congress. Itβs the lifeblood of the international monetary system regardless of whether U.S. policymakers are reckless in fiscal and monetary policy or not.”
π±
“How will the paradox of profligate fiscal and monetary policy by the U.S. and increased demand for U.S. dollars by international banks be resolved? In the short run, the paradox will not be resolved.”
π±
https://en.wikipedia.org/wiki/James_Rickards
π±
“James G. Rickards is an American lawyer, economist, investment banker, speaker, media commentator, and author on matters of finance and precious metals.”
π±
https://pro.paradigm-press.info/p/AWN_GreatDepression_0420/WAWNWA06/?h=true
π±
“Hell is coming, America will end as we know it.” “Bill Ackman, Famous Hedge Fund Manager “Bill Ackman, Famous Hedge Fund Manager”