|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
As previously articulated everybody in the world holds USD's as it is the reserve currency and the US Treasury is universally held as the bedrock of secure investments. With the advent of potential Trade Wars the rational of holding those instruments comes into question as economic firewalls go up. This then would cause a wobble in the valuation of those instruments as the wisdom of holding them comes into question. To ameliorate those concerns to maintain an equilibrium an enticement of higher interest rates has to be given.
Acht Zoooo!
Now that is what Threading the EYE OF THE NEEDLE really means..
__________________
Copyright
"Some Observer"
Last edited by tabs; 10-24-2018 at 02:46 PM..
|