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The Paradox of the US Dollar
This chapter discusses the dual role of the US dollar as a safe haven asset, highlighting its strength during both economic growth and turmoil. It explores the intricate dynamics between the dollar and other currencies, informed by shifting interest rates, and emphasizes the emotional undercurrents driving market sentiment. Furthermore, it assesses how market narratives can obscure true economic conditions, revealing the disconnect between speculative behavior and actual economic realities.