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Is This The Most Important Chart For The Future Of The World's Reserve Currency?
When it comes to the future of the dollar status as the world's reserve currency, the most important chart may be the fact that the US is now so woefully buried in debt that another global military conflict appears inevitable... ... or that it now takes virtually unlimited monetization of the debt shown above to preserve the illusion that the US is not bankrupt, pushing the S&P to record highs in the process... ... or that the marginal impact of every additional dollar in new debt generates increasingly less economic growth? Indeed, the "most important chart" may very well be any of the above, but in our view the ... (full story)
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- balanced2012
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The mind thinks, the heart knows...
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In the tempest of a fast moving market; not everyone is happy.
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- Edited Feb 27, 2015 12:08am Feb 26, 2015 11:08pm | Edited Feb 27, 2015 12:08am
- redfx1989
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take what you can take, before market take it back