The US Dollar Is Going to Be Replaced as Global Reserve Currency

I believe that in the long run stock market always will go up whether that's more likely to go up and down. As soon as policy pivots and interest rates will actually that as soon as this blue line can start going up very rapidly because both what we saw two years ago is kind of catching up to us to higher rates. I see no reason not to continue following it let's move on and talk about the consequences to the US dollar which you've got charted on page five now. Alex, biggest risk to the global economy is an out of control appreciation of the US dollar.