Brown Brothers Harriman: Buy the Dollar, Sell Commodities [View article]
<<What I'd really like is for someone to lay out the long term bullish fundamentals for USD. I don't know of any.>>
It's an easy case. Less than 400 million people have rights to a huge and civilized landmass where the legal system protects private property rights. The same continent could accomodate 1.2 billion people without a hard breath.
Growth comes from population increase. It's as inevitable as the tides. The only restriction at present is that existing citizens are fighting a rear guard action to pull up the drawbridge. That Mugwump tactic never succeeds for long.
Look for huge US growth in the next 20 years, fueled by people with names which are hard to spell.
Brown Brothers Harriman: Buy the Dollar, Sell Commodities [View article]
It's an easy case. Less than 400 million people have rights to a huge and civilized landmass where the legal system protects private property rights. The same continent could accomodate 1.2 billion people without a hard breath.
Growth comes from population increase. It's as inevitable as the tides. The only restriction at present is that existing citizens are fighting a rear guard action to pull up the drawbridge. That Mugwump tactic never succeeds for long.
Look for huge US growth in the next 20 years, fueled by people with names which are hard to spell.
LordDarley