Raoul Pal's Take on the World
Real Vision: Finance & Investing
00:00
Is There a Dollar Shortage?
The dollar is being driven up by a shortage of the currency. This means that when monetary conditions are tightening, people want their dollars back. The d x y also works pretty well with the i s m and it's currently pricing about forty five which is a recession now. So that tells me that we are closer to the end than the beginning of the move. But again, we could see that spike, that one last final spike in the dollar, and then that would tell me that the the worst dollar sonar, maybe it's in due course, in a couple of years time.
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