Posted 3/18/2023 10:57 (#10146178 - in reply to #10146105) Subject: RE: Yuan $ dollar
South central kansas
Morningdew - 3/18/2023 10:06
USA Can push debt ceiling back till September if needed. China switching dollars for gold. I see heavy pressure on the dollar this summer. On top of the financial news of banks. The debt ceiling looks like a big loser any which way they choose.
IMO, the FED won't pivot and they will stay "higher for longer" than people will think and because the ROW central banks will pivot sooner than the FED.
Here's the thing about the USD Wrecking Ball: The Fed doesn't need to Out-Hawk everyone else. By the time, things catch on fire here, it will likely be SCORCHED EARTH everywhere else, so perhaps the new question should be: Who's gonna start Out-Doving the Fed?