
Episode #138 - Caitlin Long and Plumbing the Depths of the Eurodollar
Gold Goats 'n Guns Podcast
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The Fed Understands Both of These Risks
I don't have a good answer for you other than to say that the money that is overseas has to come back this way. And if we don't see policy here at the, at the political level to invest back in the U.S., then no what you're already seeing is the mother of all debt bombs. The dollar reserve standard ended in 2008. Who's the last bank that hasn't raised interest ratio of that slide? I'm somewhere in the middle saying, look, I think that the Fed understands both of these, understand both of these risks and are trying to thread the needle.
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