Exaggerating the Dollar's Demise | Forex Factory

  • Exaggerating the Dollar's Demise

    From marctomarket.com

    The headline of the Financial Times today reads "Paris rails against the dollar's dominance." It could have been written nearly any time in the past half century. After all it was a former French President Giscard d'Estaing, who as finance minister in the 1960s, complained about the "exorbitant privilege" that the US drew from the role of the dollar (the phrase is often attributed to Charles De Gaulle). In the mid-1960s, Servan-Schreiber's book, "The American Challenge" warned that through the dominance of the dollar, the US was colonizing Europe. In the early 70s, it was France's demand for gold in exchange for US ... (full story)

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NewtonsCash
Jul 8, 2014 11:13am
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Quoting Weakdollar
Feds will keep rates low. We might see negative interest rates in a few yrs. us stocks will skyrocket . Us real estate will appreciate. Silver and gold will plummet
Yep, it's different this time… well, until it isn't
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TheTopBloke
Jul 7, 2014 2:01pm
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This U.S. strategy is eventually going to come back to bite them in the ass. If you don't want banks to use your dollars, eventually, they won't use your dollars.

And the author of the piece doesn't make any case for anything contrary to the dollar's demise.
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okie dokie
Jul 8, 2014 11:06am
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Quoting Weakdollar
Feds will keep rates low. We might see negative interest rates in a few yrs. us stocks will skyrocket . Us real estate will appreciate. Silver and gold will plummet
Bill Gross said in a recent interview he would bet his own money that the fed will not raise rates for a long long time...
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anton.olff
Jul 7, 2014 1:24pm
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another reason the Fed will raise interest rates sooner than expected.
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Weakdollar
Jul 7, 2014 4:07pm
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Feds will keep rates low. We might see negative interest rates in a few yrs. us stocks will skyrocket . Us real estate will appreciate. Silver and gold will plummet
Reply

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