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Monetary Tightening & the End of the Risk-on Trade | Mohamed El-Erian
Hidden Forces
The Dollar Is the Cleanest Dirty Shirt
The dollar is the cleanest dirty shirt in the world, according to John Defterios. He says there still doesn't seem to be any good alternative for a global currency. But crypto currences have been huge beneficiaries of the riscon trade and are political bets against central banks., he said.Defterios: I am not a believer that crypto will disappear, but i am a believer that governments will fight it because it complicates monitary policy.
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