Still the problem remains we can’t print and the world wants a different reserve currency. The fed is in a box
Given the recent dollar rally apparently this is not the case.
And the fed can print as much as it wants, that’s the magic of a fiat reserve currency. It won’t devalue the dollar as long as the global money supply remains relatively constant. And its not inflationary as the ‘destroyed’ dollars are already priced into the current commodity futures.
A dollar buys more real estate, oil and equities than it did a year ago. Seems like a good deal for debt-free salary earners like myself.
