Loading ...“USD way up over 100 is welfare for all the other countries. When the Dollar was down to 72 it was welfare for USA and other countries take a back seat for a while. If this is the start of a lower Dollar policy, then the boner heads running things think the USA needs help going forward.”
That’s an interesting point and I know you’ve held this belief for quite some time. No doubt this stronger dollar against the other fiat currencies is hurting and the inflation overseas is greater than the US. Those countries tied to the index are really getting hit.
The USD could have a long way to fall, especially when the Fed does the pivot, and probably will start to fall in advance.