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After Turbulent Year, Where To For The Dollar?
Who wants to own a currency issued by an authoritarian government with a huge deficit, a massive pub
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If “inflation still running north of target” is a problem; then just raise the target! 3-3.5% will quickly become the new normal target, helped by a newly configured Board.
With respect to catastrophes leading to people wanting USDs; the next 20 years will be filled with very aggressive behavior with the intention of securing oil. Does that count?
Nuclear fusion is our best hope to replace oil (and, as a byproduct, decrease global need for USDs), but we are at least 20 years away from that energy source being readily available.
Happy New Year’s to all. I’m currently on the other side of the international date line and so far, I see nothing to report about 2026, that we should fear. 🙂
Happy New Year EmptyNester! Catch you on the flip side.