The Strength of the US Dollar

A lot of high income money in the United States has moved out of the stock market, out of the bond market, into treasuries because they know that the government can always print the money. The debt by the treasury that Americans own to foreigners is bad debt. It cannot be paid and foreigners have done the financial analysis and realized, well, wait a minute, there's no United States can't export more as it's already at zero interest with $9 trillion propping it up. Let's get out of the dollars into something that we know can be repaid. That's where they're moving into each other's currencies. And that's why they're trying to think there must be