A New Commodity Bull Market Must Come With a Weak US Dollar
Miran’s thesis:
The dollar is too strong — and it’s killing American competitiveness.
Why?
• Global demand for short-term U.S. debt
• Reserve currency distortion
• Weaponized dollar system
• Hollowed-out industry
Solution? Reset the game.
The dollar is too strong — and it’s killing American competitiveness.
Why?
• Global demand for short-term U.S. debt
• Reserve currency distortion
• Weaponized dollar system
• Hollowed-out industry
Solution? Reset the game.
Paul Guerra • Tweet
My opinion is that should the US dollar fail, or lose in a global conflict, there is a possible competitor to the dollar, but that this isn’t enough to supplant the dollar as the global reserve currency. At least not within the next decade, which is what matters to most reading this. The BRICS system doesn’t have the unique economic requirement,... See more
Dan • Tech Dollar 2: The War of the Worlds and Fate of the Dollar
In fact I will argue that excessive use of the U.S. dollar internationally actually forces up either American debt or American unemployment. It is more of a burden for the United States than a privilege.