
MacroVoices #314 Lakshman Achuthan: Inflation is Neither Transitory or Secular, it’s Cyclical
Macro Voices
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Do You Think the US Is a Good Place to Start?
The war cycle is definitely very a dollar bullish and i expect that to continue. I think it's very interesting to observe what happened in the last week with the united states essentially confiscating russia's foreign exchange reserves. Is it ok, regardless of what a country has done, to give one nation the authority to essentially just cancel it for exchange reserves, you know, at the click of a button? It's going to bring more question to whether or not the rest of the world is comfortable allowing the us. Dollar to continue to serve its role as the world's global reserve currency. So i think that this crisis is going to heighten that sensitivity, and it's going to increase the
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