zlacker

[parent] [thread] 1 comments
1. sfj+(OP)[view] [source] 2020-03-21 21:21:01
That's one factor, I'd argue it is caused by the $12 trillon is usd denominated debt, and due to the economic situation, no cashflow to pay it. But the Fed has been ramping up printing presses, creating a tug of war. How long before the latter overtakes the former?

The Fed just expanded repo to $1 trillion per day: https://m.theepochtimes.com/fed-expands-repo-to-1-trillion-p...

replies(1): >>Der_Ei+W4
2. Der_Ei+W4[view] [source] 2020-03-21 21:56:37
>>sfj+(OP)
You're totally right about repo and massive amounts of loans, but the impact of other countries trying to get USD outweighs this - at least in the short term.

Checkout currency trading right now - the USD is surging compared to every other world currency. That's because demand for USD is extremely high world wide.

[go to top]