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@taskmaster4450le
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If there was a world full of dollars, we wouldnt see:
- the USD going up against other currencies
- interest rate swap spreads are increasing
- the push for safer collateral especially TBills
All of that is indicative of a USD (along with collateral) shortage.
Most of the media doesnt focus upon how the monetary truly works globally.
After all, have you read up on the Repo market? When was the last time you saw a trader from the realm on CNBC?
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