Rickards’ Currency Briefing: The Paradox Of The U.S. Dollar
The U.S. is experiencing soaring debt, reckless money printing, slowing growth and a new wave of COVID. That sounds like a recipe for full-scale flight from the U.S. dollar. But, the dollar has been getting progressively stronger. Today, Jim discusses how the paradox of profligate fiscal and monetary policy by the U.S. and increased demand for U.S. dollars by international banks will be resolved.