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Global ‘Dash For Dollars’ Turns Acute
Global dollar demand is evident.
Last Sunday, I suggested the Fed's dollar swap announcement+, made
Doesn’t the global haven seeking into dollars combined with the highest Treasury yields “since forever” (and way better than most developed countries) mean a really strong dollar?
A strong dollar might slightly ameliorate the US consumer driven inflation (and price of oil) but at the cost of exporting inflation?
(ironically creating more utility for international players to demand more dollars)