The dollar is strengthening precisely because the US is tanking/deleveraging. This causes a destruction of currency supply. Less supply gives you a higher price. It is that simple.
The amount of currency being pumped is at least 10x less than the currency being destroyed, so no inflationary pressures will arise.
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Edward,
Oct 27 17:41 pm
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All Comments by Armagedon »Dollar Strength: An Illusion [View article]
The dollar is strengthening precisely because the US is tanking/deleveraging. This causes a destruction of currency supply. Less supply gives you a higher price. It is that simple.
The amount of currency being pumped is at least 10x less than the currency being destroyed, so no inflationary pressures will arise.
Best,
Arm