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The Fed's Plan to De-Dollarize Our Debt
Every major economy or trading block in the world is going to go through this at the same time So it becomes a relative trade argument and there I just don't know enough to know whether the us is poorly positioned versus euro Or china, but it just seems like you get back to a place where it's like, okay We need to find the flight to safety. What is the canonical flight to safety if it's not a commodity like gold? It's probably the dollar until it's not Yeah, okay free bird Obviously other countries have even more acute problems higher debt to gb gdp which means higher debt payments Just rounding third here on this issue any final thoughts on de-dollarization