Following the Great Financial Crisis of 2008 a number of macro doom-and-gloomers began predicting a collapse of the U.S. dollar. The Fed was “printing” trillions of dollars. Interest rates had never been that low before. It was an appealing narrative if you were someone stuck in the negative feedback loop of the biggest economic crash since the Great Depression. In recent years, it was the crypto maximalists who began predicting the end of the global reserve currency status of the dollar. Alas, the U.S. dollar is stronger than ever. Here it is against the other big developed country currencies this year (via the ... (full story)