Love this insight. I’m an realtor and former financial advisor. It’s hard to always say what I think is going to happen when asked, and which way folks should turn, but you’ve summarized this nicely in this piece.
Seems somewhat inevitable that we are setting up our grandkids for a dystopia. Passing on the buck to the future it's never a great idea it could spell the decline of America. In many ways history will show this is the last decent generation of the American Empire.
So essentially: other countries want to hoard USD because their currencies are declining in relative value. Which shoots the USD price upwards. And this then prompts more countries to buy the USD because of its relative upward trend.
Love this insight. I’m an realtor and former financial advisor. It’s hard to always say what I think is going to happen when asked, and which way folks should turn, but you’ve summarized this nicely in this piece.
Seems somewhat inevitable that we are setting up our grandkids for a dystopia. Passing on the buck to the future it's never a great idea it could spell the decline of America. In many ways history will show this is the last decent generation of the American Empire.
So essentially: other countries want to hoard USD because their currencies are declining in relative value. Which shoots the USD price upwards. And this then prompts more countries to buy the USD because of its relative upward trend.
Am I getting this right?
Great piece, by the way, Graham!
What would be some specific things to invest in ?