RE: The Gold Standard Myth

1 yr
0 Min Read
54 words

So what is your view of where the Eurodollar will go? I have a feeling that it is going to go down because of the way they took rates negative and there is only going to be more debt created by the US. So there just won't be enough dollars.

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The more debt by the US does help the collateral side of things but you are right I believe: the USG will keep sucking more USD out of the Eurodollar system, forcing contraction. This will cause foreign entities to keep having to sell their US bond holdings to raise USD.

This will keep us on course for economic slowdowns until crypto can fill in the void.

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