Parroting about the wrong thing
May 20, 2021 Leave a comment
Surely, the U.S. Dollar should’ve collapsed by now.
As a follow up to immediately prior post about U.S. M2 Money Supply increasing…..
I think market pundits need to find a better reason when making the case for a weaker U.S. Dollar than just spinning out the same old tune of ‘money printing’.
Well, it’s not money printing exactly, but that’s another argument.
The U.S. Federal Reserve has tripled its balance sheet since 2009 and the U.S. Dollar Index (DXY) is the same price as then….
and the 10 Year government bond yield has fallen from 4% to 1.6%…
Feel free to keep parroting on about money printing.
May 20, 2021
by Rob Zdravevski
rob@karriasset.com.au
rob zdravevski's blog 