
MacroVoices #237 Juliette Declercq: U.S. Election Outlook, U.S. Dollar, Real Yields and more
Macro Voices
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The Fed and Us. Phiscal Authorities Willingness to Debase the Dollar
Juliet: The maco landscape has changed radically over the coet 19 crisis, and there's really no return to the sleep passed to decade. I think what will drive the dollar going forward is the fed and us. Phiscal authorities ability to debase the dollar through higher inflation. As i like to say, as a central bank, you can't just talk the talk, but you must also walk the walk. Weve got a global pandemic. There's a lot of good reasons to be dollar positive except for little, minor things like the impending threat of a civil war in the united states.
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