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TIP457: Why the Dollar Is Not Collapsing w/ Jeffrey Snider
We Study Billionaires - The Investor’s Podcast Network
Quantitative Easing and the Dollar Going Higher
Dollar going up is consistent with global dollar shortage. Don't pay attention to what the fed does. Pay attention to what these markets are telling you about what's going on in the rea money system. This is a bank centered, off shore monetary arrangement that has been developing over many decades. So because we have this offshore, bank centred monetary system, it's not up to anybody to kick anybody out of it. As long as banks are going to transact with certain countries or certain banks or panies in those countries, it doesn't matter what authorities say. And really this is one reason why it can begin to be such a dominant force in the financial world.
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